Short Term swing trade setup for Max Health Care
Updated
Max Health seems be ready for an upswing . It is showing breakout from consolidation zone with good volume and delivery % has been on higher side ( above 65%). If you will check at weekly chart you would see it has taken support at 20 SMA and on hourly chart it shows bollinger band blast with good volume. I would take an entry when the previous day high is broken and my stop loss would be if it closes below the close prize of yesterdays candle
Trade closed: target reached
Target reached with approx 14 % gain
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