If you look at MSTC chart, it follows price action pretty well.
The trendline has had three touches and ready for a breakout.
The support has been very strong and stock has bounced back three times from there which again confirms our bullish pattern .
The stock has bounced from 20/50/100 EMA with strong volumes.
Levels are mentioned on the chart.
Intraday - If you grab 1 percent book partially or trail
Swing: Always carry position if the stock has closed above the trigger price.
Learn and Earn,
Dr Tanya Kumar
The trendline has had three touches and ready for a breakout.
The support has been very strong and stock has bounced back three times from there which again confirms our bullish pattern .
The stock has bounced from 20/50/100 EMA with strong volumes.
Levels are mentioned on the chart.
Intraday - If you grab 1 percent book partially or trail
Swing: Always carry position if the stock has closed above the trigger price.
Learn and Earn,
Dr Tanya Kumar
Note
T1 achieved
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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.