THERMAX Long on D Time Frame
Stock was in a short term correction, broke out of D Trend Line(TL) with volume and Positive Covering Candle with a small upper wick, price closed above 50ema indicating a bullish trend, RSI is also bullish one can enter at Day High with a SL below TL.
NOTE: Price might retest TL or Fib level (marked in chart)
Enter @ 1440
SL @ 1377
Tgt @ 1525
NOTE: Price might retest TL or Fib level (marked in chart)
Enter @ 1440
SL @ 1377
Tgt @ 1525
Note
Price Retested Trend Line
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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.