MCLEODRUSS @ 192Volume breakout in MCLEODRUSS @ 192. Stock can move 220+ in near term maintain SL 178
MCLEODRUSS trade ideas
Mcleod Russel Ltd Breaking out of descending trending line. any close above 170 can do 192-200-215. September result is blockbuster
Tea Sector Changing?MCLEOD RUSSEL has seen strong volumes with prices breaking previous resistance in the past few weeks. Expect to reach 200 in a few days.
Trend line Breakout!I expect 200 levels soon Stock moving with higher volumes post breakout and has resistance near 200 Levels
Mcleod Russel - Channel Breakout It is been observed on Daily Chart that the price action breaking out from a downward trending channel consolidation, indication of a bullish move ahead.
Target 1: 171
Target 2: 175
Stoploss: 164
MCLEOD Russel short for day trading I will be looking to sell on rise at or Near 167.05 with Stop of 175 for target of 163/162
Cheers
Mcleod Russel - Cup N Handle Measurement (Educational Example)It is been observed on the Hourly Chart that the price action forms a U shape Cup and a channel shape "Handle" in order to complete the a cup-handle pattern. Measurement is the interesting part of it as it is been respected accurately.
I hope it adds value to your trading experience.
Regards
MCLEOD RUSSEL - LONG POSITIONAL CALL ABOVE 146The chart has been on a downtrend for a long time and is now showing signs of reversal as it has held it long term support zone of 140 and has also broken the downward sloping channel. Should be bought once critical resistance of 146 is breached.
McLeod - Cypher PatternHave already started the move up after a cypher pattern completion. We can expect the following targets:
T1: 169
T2: 178
SL: 137
Trader's Queries - Mcleodruss!Mcleod Russel has taken strong support at the price 140 and moving upside. Targets are given in the chart. Very long trade!
Mcleod Russel: Interesting Price Action Thus FarPrice is in protracted phase of consolidation. Am looking for crossover of the 200-DMA. A subsequent retest of the 200-DMA would make be a willing buyer. Have already bought a token quantity already.
