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18 SEPT 2018
LOOKS GOOD ABOVE 1405
SL AT 1394
DIVISLAB may retrace from this level. look to short for 1320-1330.
Levels mentioned in charts .....
!!! This analysis is for Educational purpose and not for trade and investment. !!!
DIVISLAB - Weekly- Cup n Handle Target pending....
Target may be : 1450-60
Divis Lab is making higher lows continuously for past few days, wait for trend to end and candle to breach PDL, which indicates the start of downtrend. Short at that PDL.
Divis Lab is making higher lows continuously for past few days, wait for trend to end and candle to breach PDL, which indicates the start of downtrend.
Short at that PDL.
price mentioned in chart
Can wait for Breakout retest at 1332
Short term outlook
Divi's Lab giving an ascending triangle breakout on weekly chart
Bearish crab stock rallied lot need correction
One year of consolidation, a large candle (meaningful) breakout and now a Megaphone pattern in the making. Upside breakout may take the price towards 1380 -- the previous top where the resistance lies.
This is no trade recommendation.
Divis Lab forming a triple top after a good run .
Levels mentioned on charts .
Can be bought above 1328 for 5% target..