Multiyear Breakout - Done.
Small Retracement - Done.
Bullish engulfing on Monthly Time Frame.
Bullish on Weekly Time Frame.
Trend line broken on Daily Time Frame.
Risk to Reward very good.
Excellent stock to Buy and Hold for 6-9 months.
Small Retracement - Done.
Bullish engulfing on Monthly Time Frame.
Bullish on Weekly Time Frame.
Trend line broken on Daily Time Frame.
Risk to Reward very good.
Excellent stock to Buy and Hold for 6-9 months.
Trade active:
Entered Long position at 275 with SL - 220.
Comment:
Moved as expected.. Trailing Stop loss to 262 (Daily closing basis)
Comment:
Price action supporting the analysis.
Conviction increased in this Stock.
Conviction increased in this Stock.
Comment:
Trailing SL to 300 Weekly Closing Basis
Trade closed: target reached