2 Long setups (alternatives)
I. Buy on breakout retest at 185
With SL around 182
For target around 191
II. Buy support trendline of channel around 181
With SL around 179
For target around 184
(👆🏻Indicative levels, trade as per your own diligence)
Zeel has broken its weekly support level and formed a bearish flag pattern or you can also call it a retest to that zone also.
P.S : Trade at your own risk, Conuslt your financial advisor before taking this trade and i would not be responisble for any of your losses.
I hope you can now see how Zeel represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed...
I hope you can now see how Zeel represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed...
The stock is at the top of long term and short term channel indicating a trend reversal. can look for shorting opportunities if the stock moves lower.
Look for buying only after both the channels are broken.
This is not a recommendation, Its for educational purpose only.
Trade Safe!!
