DIVISLAB trade ideas
DIVISLAB on 40-week (200 day) MA support yet another timeOver the last 4-odd years DIVISLAB has been finding support near the 40-week (200 day) MA multiple times. Will the stock rally once again from around the current levels? Going by the past datapoints probabilities weigh fairly for such an outcome.
DIVISLAB - Swing Trade - 200EMA supportThe analysis is done on Daily TF hence price may take few days to few weeks in order to reach the targets.
Trade logic is based on simple 200EMA strategy (explained in image itself).
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me various platforms for any query or suggestion regarding this stock or Price Action Analysis.
Divislab LongI hope you can now see how Divislab 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 .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
INTRADAY SHORT DIVIS LAB 6/12/21CMP :4711
Target :4658
Stop Loss :4745
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divis lab - abcd pattern-daily
abcd pattern -wait for reversal
from lat 4 months -taking support at this level - will it respect the support?
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