CANFINHOME trade ideas
CANFINHOME Short TradeShort if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Two Possibilities This scrip will make one more move up , it has two different possibilities
01) Currently it looks like a small flag and it will likely brake out as its not dropping heavy
02) it Might come down completely and reverse for one more move up ,
in both the case i need a daily close to be strong and it should indicate its moving up
One can look for Going long on daily reversal confirmation