PolyMed : Observations
Break above 544/550 levels will be a good bullish sign.
Day close above these levels :
Possibility 1 : consolidation and sideways after BO. Good chance to accumulate.
Possibility 2 : blast above 550, straightaway 10/20% move. In such case, better to wait for a pullback for entering.
Close below 470 levels will be a sign of a weakness.
Day close above these levels :
Possibility 1 : consolidation and sideways after BO. Good chance to accumulate.
Possibility 2 : blast above 550, straightaway 10/20% move. In such case, better to wait for a pullback for entering.
Close below 470 levels will be a sign of a weakness.
Note
Wait for a break above 544/550 levels .Can add pilot position here..but with strict Stop Loss.
Note
Keep an eye on this one..it might break pretty soon.Note
after taking a support at lower support zone (with hammer).. ready to rockNote
those invested in PolyMed can book partial profits in the coming week. 710+
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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.
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.