swing trade in Raymond ltd. (SHORT)
following a curving trendline along with good RSI divergence. Can be Sold once it breaksdown (the trendline)
HOLDING PERIOD: 4-5 days
TARGET: 360-355-350
STOPLOSS: 380
RISK-REWARD: 1:2 OR 1/3 ( BASED ON TRAILING THE STOP LOSS)
HOLDING PERIOD: 4-5 days
TARGET: 360-355-350
STOPLOSS: 380
RISK-REWARD: 1:2 OR 1/3 ( BASED ON TRAILING THE STOP LOSS)
Note
target 1 reached and reversed from 360
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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.