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.
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.
Comment:
TARGET 3 ACHIEVED AGAIN
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.