HUDCO broke out from the trendline and then retraced to test the same trend line.
After testing the trendline it has resumed the upward movement again.
Go long in HUDCO.
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HUDCO has retraced to the previous resistance line and is ready to bounce from there.
Good chance to accumulate more. This is for investors.
Go long here.
Please like and follow.
Hopeful Breakout on 8th attempt.
Divergence Spotted
There are chances of price falling back in the Wedge.
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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...
A symmetrical triangle was spotted, however the breakout could pass the 3% closing test and hence no trade.
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.
As per the weekly charts, HUDCO brokeout from the downward channel. Target & SL mentioned on the chart.
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.
