ZODIAC CLOTHING CO. LTD.
Long
Updated

TrendReversal !! Invest !!

🟒Its trading much below the ATH price. Monthly RSI crossed 55.
🟒2W charts indicate capitulation and trend reversal near 78.
🟒Momentum invest trend follower given buy signal in W chart.
🟒Invest in ZODIACLOTH @115. Add on decline 108/92 SL=78 MCB.
Note
#ZODIACLOTH is up by 40% in just 4 days i.e. 115-160. Most importantly its trading near 4 years high which is one major neckline. Break out above 162, it can move towards 250/282 which is the next hurdle. In between profit booking should be an reentry opportunity.

snapshot

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