Einstein15

Raymond Rising Wedge

NSE:RAYMOND   RAYMOND LTD
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RAYMOND has been moving strong in a rising wedge for months. Making new highs everytime. Recently made another lifeteime highs and is flagging up on the edge of the wedge (lot of dojis and hammers and stars).Awaiting a Reversal/Breakout from that level.
WHAT ARE THE LIKELY TARGETS. WILL FIBONACCI HELP FOR GUIDANCE?
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Einstein15 bnjanamatti
@bnjanamatti, Yea you can use whatever tool works for you. I'll say go on smaller timeframe and have smalll targets coz its lifetime highs,an uncharted realm, there isnt much structure to lean onto.
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