risky betrisky buy
buy above 295.6 with stop 287
targets as per fibo levels in chart
disclaimer - trade @ own risk
GESHIP
GESHIP | Double Top Bearish ReversalIt can be seen in the daily charts that the stock has formed a double top pattern at the levels of 336 and has also broken the resistance of 306 levels. Hence you can short it for a target of 293 and 276. Happy Trading!
GESHIP Doji on Daily TimeframeGESHIP has been rising the past week on account of its dividend issuance. The Ex-Dividend day is on 09-06-2020 i.e Tuesday.
Prices usually tend to correct themselves on this day.
Combined with the DOJI formed on daily timeframe at an important resistance zone yesterday, one can look for shorting opportunities in intraday below 231.
TGT1: 225.5
TGT2: 218.5
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
