Forcemotors
force moters 15 mint bullish flag breackout patter force moters 15 mint bullish flag breackout patter
One Right Trade's Swing Trade Idea #149 : Long on FORCEMOT This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
FORCE MOTORSA falling wedge pattern since jan 2017, however for the reveral a breakout has to be there, expecting a breakout in Oct, 2018 (between 8 &15) weekly basis.
Entry only after the breakout.
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
FORCE MOTORS buy setupBuy FORCEMOT after a bounce above 3330
T1: 3500
T2: 3800
T3: 4200
T4: 4700
SL: 3080
Force Motors: At New Highs, Looks Good For MoreWatch the green lines in the chart. If the price bounces off either of the two green lines, it would then be a sign that buyers are strong and eager to push the price higher. A Hammer-candle at either of these lines would make me interested in adding more of this stock.
