TradeStationP

TradeStationP

1.After listing rally stock formed good base with volume contraction ( first mature base) 2.Now stock trading in range from last breakout high ( forming second mature base) 3.Now closing above 530 with good volume will trigger next upmove 4. Stop loss - closing below upword slanting trendline 5. Target - 574/610/680+

TradeStationP

- Near Double Bottom Neckline Breakout - Above 50/ 200 Ema ( Beginning Of Uptrend) - 730/750 Strong Supply Zone Closing Above 740 Will Lead Rally Towards 830/940 - Forming One Hit Wonder IPo Pattern - Narrowing Losses Improvment In Q4 Result

TradeStationP

1)Taking Support On Trendline (15Year) 1530/1550 Good Support Zone As Buying Opportunity With Stoploss 1480 For Upside Target - 1700/1832/ 2300 2)closing below trendline occurs change in long term trend below 1400 good short for target 1300/1150/1007 with stoploss 1520

TradeStationP

- after good correction (4th stage) now stock in 1st stage + above weekly 30 sma - symmetrical triangle pattern formation - Stage 2 rally Will start once closed above trendline