On short side, a break below the confluence zone can take the price to 310.50 and 307.50 levels. Stops would be above 320.
On the other side, the aggressive long entries can be taken at the confluence point with stops below this zone. If one needs more confirmation, staying above 320 can take the stock to 322 and 328 levels.
Hit like if you think this information can be useful. Comments are welcomed.
Another observation on the stock:
> A Bat seems to have developed.
> For bulls: Entry for upside has been revised to 323 for targets 328
> For bears: A pullback entry is preferred; some bounce from 314-315 zone to
319-321 and then drop to the targets on downside.
> Take it as an idea if you like and manage your trades as per your trading rules.
Highly volatile between our sell zone and the confluence level. Good part for our short is that it's trading below the channel.
Trade closed manually.