HIGH VOLUME AND DELIVERY QTY, RECOMMENDING LONG.
Entry price: 93-95
Stop loss : 83
Target price : 120-125
return/risk ratio : 3
I am not a registered investment, legal or tax advisor or a broker/dealer. All investment/financial opinions expressed by me are from the personal research and experience. These are intended as educational material.
Aptech stock broke both the resistance trendlines in both the price and RSi and has been witnessed with huge volumes on the stock even when the price has made a fall, which represents bullish fundamentals..
Good for long-term investments..
Scrip can now be seen to be dominated by bears fas it has already retraced to fill the gap created - exhaustion bearish gap and it also gets validated by low volume but price rise and then, trend reversal
Bearish confirmation as also can be seen through death cross which is a crossover resulting from a security's long-term moving average breaking above its...
Scrip has been on the bullish trend with formation of ascending triangle
The ascending triangle is a bullish pattern, which gives an indication that the price of the security is headed higher upon completion. The pattern is formed by two trendlines: a flat trendline being a point of resistance and an ascending trendline acting as a price...