Sun Pharma: Mean Reversion Idea
-Sun Pharma closing in on a long-term downward trend line. 10 touches on the trend line and 1 failed breakout.
-Stock looks overextended with a mean reversion likely around the corner.
-Stock moved out of the upper Bollinger Band.
-Long term downtrend.
Not an investment advice. Do d=your own due diligence.
-Stock looks overextended with a mean reversion likely around the corner.
-Stock moved out of the upper Bollinger Band.
-Long term downtrend.
Not an investment advice. Do d=your own due diligence.
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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.
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.