VGUARD OUTLOOKI used Trend Break and Fibonacci retracement tools to discover VGUARD stock's recent uptrend break and then reversed to previous levels to find probable support levels.
Analysis:
Starting Point: Mentioned on the chart
Ending Point: Mentioned on the chart
Disclaimer: This is for educational purposes only. Conduct your own research and consider your risk tolerance before trading.
Vguardbullish
VGUARD - Low Risk SetupV-Guard Industries Ltd. engages in manufacturing, trading, and selling of electronic and electro mechanical products. It operates through the following segments: Electronics, Electrical, and Consumer Durables.
1-Year Beta 0.6474
Debt to Equity Ratio 0.0521
Price to Earnings Ratio 41.4143
52 Week High 285
52 Week Low 208
#VGUARD .. Watch for bounce back from supportVGUARD is a fundamentally strong company. It has come out of a 4 year long consolidation in range and has given a breakout with retesting completed.
Currently the price lacks momentum however, current structure is very bullish and can easily resume moving upwards during next week.
VGUARD has almost 2X twice after giving similar breakouts. See below -