PERSISTENT SYSTEMS LTDUpdated Persistent - Dark Cloud Cover
Persistent is making a dark cloud cover at the top. This pattern has formed after ATH breakout and possibility is that this can lead to a breakout failure. RSI is heated up as well and is showing signs of negative divergence with volumes also on decline during recent upmove.
If you are long from lower level, it is time to book or trail aggressively. Fresh long here doesn't seems to have good R:R
If you are long from lower level, it is time to book or trail aggressively. Fresh long here doesn't seems to have good R:R
Trade closed: target reached
A good dip came in very next few couple of session. Now in sideways consolidationNote
a new low todayNote
what a fall ...
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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.