Take every buy from here, mind you, it can go down one more time and then go up..
But take EVERY REVERSAL for BUY FROM HERE, it is a good ride up from 90 to 250 ++
Take it and leave it for long term.. you will more than double your money.
As per my wave analysis, a possible good buy for this stock.
Once the EO gets tagged, monitor it for couple of hours and if it does not move, get out and put another EO on top of the last price and leave it.
I expect it will go fast from here to possibly 500 levels too.. so why wait...
Intraday : A move down first and then an UP move..
Do not take the sell move down.. as it will be very risky and if you take it, keep your SL very tight..
I would be more interested in the BUY once the down move is completed.
Will update as we go forward.
Again, the down move might not happen on Monday..as it would go up further and then might not happen on...
Put an EO on the light blue line and take profit after 15-18 points as it could reverse from there fast..
As indicated earlier : it can happen 1/2/3/4 days after too - not necessarily on Monday itself, but put your EO everyday for sure and leave it.. once tagged monitor it.
Will try to update on this stock as we move forward..
Please look at my analysis for...
As indicated on the chart, the next move could be the down move.. how much it will go down will depend on this speed.. lets see.
I am not selling this down move as it is too small to get involved in it..
If you do plan to take it, be careful and keep tight SL as soon as it goes down - keep it on BE please.
Short term : Sell opportunity coming if it breaks the small blue trendline..
Please note that it can come today or Monday or tuesday.. be ready to short or keep EO below the previous low and ride the wave..