Price taking trend line support for the fourth time and expected it to move up. One can enter long with stop below the double bottom.
As per previous study price continuously taking support from a trend line will break down. So if price breaks the trend line then one can go for sell and hold for one or two days for good profit.
Trade closed: target reached
Wow ! that was a big blow !!!!
Note
Seems no one is interested about this stock - but patterns never fails !!
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.
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.