TITAN COMPANY LTDShort
Is it a Genuine Breakout in TITAN?
*Stock at All time high.
*Ascending Triangle Breakout in weekly
*Wait for retest of breakout support to confirm genuine breakout.
*RSI divergence in daily and monthly indicates loss of bull momentum.
*Bears may take control soon.
*Opportunity for Selling options(Call Strangles).
(Neutral to Bearish View for this week).
*Ascending Triangle Breakout in weekly
*Wait for retest of breakout support to confirm genuine breakout.
*RSI divergence in daily and monthly indicates loss of bull momentum.
*Bears may take control soon.
*Opportunity for Selling options(Call Strangles).
(Neutral to Bearish View for this week).
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