Reason for long
a) Entry above 626 and trendline breakout possibility
b) Consistently earnings beats the estimates as indicated in chart by arrow.
c) volume accumulation evidence indicated by arrow in the chart.
d) Price at support zone
e) Candle stick body completely engulfed
f) Good risk reward zone
g) SL compulsory
a) Entry above 626 and trendline breakout possibility
b) Consistently earnings beats the estimates as indicated in chart by arrow.
c) volume accumulation evidence indicated by arrow in the chart.
d) Price at support zone
e) Candle stick body completely engulfed
f) Good risk reward zone
g) SL compulsory
Trade closed: target reached