Go Long @ 3003.3 for Targets of 3330, 3830, and 4650 with SL 2820
Reasons to go Long :
1. On Weekly timeframe if we draw Fibonacci retracement from the all time swing low (A) to the all time swing high (B) then the stock took support from the 0.5 Fibonacci level.
2. In addition to this, the stock formed a Double Bottom Pattern (W) around 0.5 Fibonacci level.
3. After retracing the stock formed pole & flag pattern & gave breakout.
Reasons to go Long :
1. On Weekly timeframe if we draw Fibonacci retracement from the all time swing low (A) to the all time swing high (B) then the stock took support from the 0.5 Fibonacci level.
2. In addition to this, the stock formed a Double Bottom Pattern (W) around 0.5 Fibonacci level.
3. After retracing the stock formed pole & flag pattern & gave breakout.
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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.
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.