TradingView
m2gud
May 6, 2021 11:45 AM

MAGMA, 1W, 40% gain possible (CUP & HANDLE) Long

Description

Magma on Weekly forming Cup & Handle pattern.
Wait for clear Breakout,
40% gain possible.
Price is above all the exponential Moving avgs.
RSI is just above 72.
RISK:REWARD = 1:1.5+

All levels are marked on the chart.


All analyses are for educational purposes only.
Comments
akrock861
bought 125 share @144 then 200 share @129, ... is it good to pyramid till 150?
atul24379
entered at 141, currently trading at 129. Whaat are your views, on the future of this stock
m2gud
@atul24379, SL trgt are marked.. thanks
m2gud
@atul24379, Entry should be around 135.. If your trgt and SL is small... then near `121 lvl is the support... below that u can exit If you dont want to hold more... But always mark SL before enter into ant trade.. thanks
atul24379
hoping for it friends, thanks for sharing
MarimuthuSuppaya
Moh Maya hai!
m2gud
@MarimuthuSuppaya, hahaha... thanks for your valuable comment bro... jis din maya ka Moh hatt jaiga us din khone ka darr bhi khatm hojaiga..... my view only..:P :P
More