The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock...
APCL looks good for reaching ATH again after a good correction. It took support at the previous ATH and reversed. The financial numbers looks promising
- Daily Chart
- Poised for breakout
- Looks good for Swing/ Positional Trade if sustains above resistance zone on Daily Closing Basis
- Please manage risk using appropriate position sizing and Stop-loss
- Expected Target : Previous ATH
