An Uptrending stock gives many opportunities to enter in it.
But...we miss many of them assuming it as a reversal or before we enter the stock moves much higher again and Risk/Reward ratio is unfavourable for our trade.
Here I am with another tried and tested strategy to find whether it's a pullback or trend reversal and the most IMPORTANT...enter before the...
Whole telecom sector was under pressure since long yet stock had performed good by looking @ chart now we can say stock has came out of some sort of resistance line and will gain momentum in short term bullish on charts
Look at the movement of the price from the chart. Is it amazingly good. All we need to do in this chart is for years we would have been went for buy at support and sell at the trend line resistance. It works all these years perfect.
learn technicals and enjoy each and every trade you take.
Tradersasi.
