AVANTIFEED : Reversal can be seen tomorrow
We may see reversal from tomorrow in this stocks....Levels are given in chart.
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My studies are Educational purpose only
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AVANTIFEED seems to be reversing from its long term 61.8 retracement zone. The stock has been hovering in the 38.2 and 61.8 zone for almost a year. Looks like a good buy here for eventual target of 750.
Follow the trend
We may see the level of 530 in the short term.
On breakout trendline, we may see the level of 560.
Support is around 486.
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Updated on : 13-Aug-2020 9.30pm
Disclaimer: Only for learning purpose.
AVANTI FEEDS - is one of the major players in Shrimp exports - current headwinds are temporary for the stock and makes a candidate of long-term wealth creation
current price i.e. 283 is a great bargain price where one can own this company - further considering its volatility it can test its recent low of 250 and slippage below that opens door to 215-209-201 levels...