DISCLAIMER: This idea is NOT a trade recommendation but only my observation. Please take your trades based on your own analysis.
Points to note:
-----------------
1.Stock in a strong uptrend, and broken out of a Cup & handle consolidation that lasted.
2. The breakout is strong and firm, forming a pole. Currently price is consolidating inside a flag.
3. The breakout from this flag can lead to another good move up
4. The target price is the pole's height
Considering these points, the following trade:
Entry CMP, SL 1425, TGT 2310
Points to note:
-----------------
1.Stock in a strong uptrend, and broken out of a Cup & handle consolidation that lasted.
2. The breakout is strong and firm, forming a pole. Currently price is consolidating inside a flag.
3. The breakout from this flag can lead to another good move up
4. The target price is the pole's height
Considering these points, the following trade:
Entry CMP, SL 1425, TGT 2310
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.