Swing trade of the decade.
Updated
1) Breakout in daily, weekly & even monthly time frames.
2) Breaking out of a down trend of 12 years.
3) Look at the momentum of the move after CORONA.
4) Look at the volumes rising after CORONA.
5) Plot a 50 EMA , you'll see a recent bounce from it.
Hold it for a month or a year until it touches the All time high.
Stoploss- The trendline.
2) Breaking out of a down trend of 12 years.
3) Look at the momentum of the move after CORONA.
4) Look at the volumes rising after CORONA.
5) Plot a 50 EMA , you'll see a recent bounce from it.
Hold it for a month or a year until it touches the All time high.
Stoploss- The trendline.
Comment
Possibility of a breakout on 9th of Feb. Watch for intraday movement.Comment
Not going to be easy....after all it's a decade long breakout. Patience is virtue.
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