NEULANDLAB
It looks the end of the down side as the stock gave a BO on daily chart. We can also see that the stock has bounced from the demand zone where we can see max number of candles traded previously. This trade has a very good risk reward ratio as the stock can reach previous high. Buy with a SL below the demand on closing basis.
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.