The stock has been moving in an uptrend and has now taken support at a 6 months long trend line and a previous resistance zone which is now acting as support. It is good buy above friday's high and 1630 as Stop Loss for a target of 1740 , 1800
AB NUVO is a clear sell candidate as per current scenario.
1) testing previous resistance 1550 - 1580
2) Also completion of bearish Bat pattern and harmonic resistance. level coinciding.
3) As per bollinger band entry strategy this is perfect entry for positional sell tgt 1476
4) RSI Divergence also not supporting upmove in
Hello dear friends dis stock broken its trend line and trade below that so one can add short position here. entry, stop loss and target given on chart so please plan your trade and enjoy.
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Hello friends some interesting trade setup here in dis stock. price in upward direction from last few day,RSI showing diversion so let's wait for trend line break to enter the trade. once i get indication from price action i'll update here with you all so pls be keep in touch.
hit like if you agree with the plan and join me for more updates and trading ideas. i...
The stock has today given a closing above previous weekly highs ( except for one more high ) .
The price action suggests the stock is seeing some good buying. ( hourly chart below ) .
Looks good for long at this level with small stoploss.