The stock has been traveling in a wedge formation for the last two months. This time it is at the bottom. Can take a chance if bounces from here. The setup fails if sustains below the lower trendline of the wedge for 2 days. This is only for learning and sharing purposes. Not a piece of trading advice in any form. All the best.
Note
Reached 310. Although the stock price hit the sl initially, but finally both targets were reached today.
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.