RBLBANK: Looks like a Very Good Short Trade in making...
Posting after long time...
Head & Shoulder in making. As long as below 170 (Our SL on Closing Basis), one can plan a Short Trade below 161 for respective targets of 156/152/145/132 in coming days. Trade is supported by declining Relative Strength and low volumes indicating a good trending move in stock soon, hopefully on downside. If trades & closes above 170, would plan a long trade here!
Note: Do your own research.
Head & Shoulder in making. As long as below 170 (Our SL on Closing Basis), one can plan a Short Trade below 161 for respective targets of 156/152/145/132 in coming days. Trade is supported by declining Relative Strength and low volumes indicating a good trending move in stock soon, hopefully on downside. If trades & closes above 170, would plan a long trade here!
Note: Do your own research.
Trade active:
Almost kissed 2nd Target of 152.