CRAFTSMAN AUTOMATION - Price Reversal - 50% upside?Overview & Observation:
1. HH-HL formation implies bullish structure.
2. Perfect volume spike.
3. Strong candle formation and breakout of the channel.
4. Earnings are stable.
5. RSI above 75 means we can expect some consolidation or minor pullback before the next big move.
Trade Plan:
- Entry Point: 1st aggressive entry can be planned at CMP
- Stop Loss: 10%
- Target: 15-50% (ATH high resistance break is expected minimum...)
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Long