$ATOM short idea$ATOM forming double top pattern. Its not confirmed yet. But one can try shorting now with SL at the previous high.
Doubletopresistance
Cautious View on UPL for 24th July 2020In today's Trend it has been observed that the Script has touched and faced a hurdle at this Trerdline near 470 and could not sustain. the Stock has made Double Top and Double Bottom Format so now it's positioned at a stage where it can give a Breakout or Breakdown.
So be Long if Crosses 475 for the Targets of 480-485-490 Targets.
Go Short if Sustains below 456 for 5% Downside before Earning.
Fundamentally good stock and expectation of Good results at high on Street.
Happy Trading.
It's my Personal View, Please don't treat as Recommendation.
