ZODIAC CLOTHING CO. LTD.
Long
Updated

TrendReversal !! Invest !!

164
๐ŸŸขIts trading much below the ATH price. Monthly RSI crossed 55.
๐ŸŸข2W charts indicate capitulation and trend reversal near 78.
๐ŸŸขMomentum invest trend follower given buy signal in W chart.
๐ŸŸขInvest 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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