Self Explanatory Chart.
A rising wedge which contains a consolidation (retest) after a breakout from round bottom / inverted head and shoulders formation.
A rising wedge which contains a consolidation (retest) after a breakout from round bottom / inverted head and shoulders formation.
Trade active
This stock formed 3 doji candles and ended last week with a red candle indicating weakness. However, despite a weak index opening today, it closed positively.
If the strength continues , it would cross 140 for the desired targets, however if in doubt raise the stop loss to 130-134.
Note
TARGET 3 ACHIEVED AGAIN
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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.