Get started
CuriousChartist

ROUTE MOBILE - Right Entry?

Long
ROUTE MOBILE LTD (NSE:ROUTE)  
CuriousChartist Updated   
NSE:ROUTE   ROUTE MOBILE LTD
Trend Analysis Chart Patterns Technical Indicators routemobile route priceaction Technical Analysis fallingtrendline breakoutsignal lowriskhighreward
6
0
trendanalysis chartpattern indicator routemobile route priceaction technicalanalysis fallingtrendline breakoutsignal lowriskhighreward
After the recent correction, the stock has now turned tides.
Awaiting a breakout of the falling channel.
MACD also looks set for a positive crossover.

Usually , technical analysts recommend buy on horizontal breakouts but when there are more factors to suggest an up move right at the bottom, it is worth taking a risk of 30% of your planned investment in a stock.
Trade active:
Target 1 met in 1 day 9%
Trade active:
Seems like a Double Bottom formation. Good Signs
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.

Related Ideas

CuriousChartist
ROUTE MOBILE
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.