the stock is going through a channel so it has to come retrace back and the go down.so lets catch the downfall
i expect it to go down news can play a major role on these days so we will see what happens
Can this double bottom considered as a monthly retracement or a signal for its uptrend in monthly time frame lets see what it does. there are more chances for formation of double top near the strong zone which may lead to range bound market
HAS the chance to go both sides so we will look out for a proper trendline breakout or a 15 min retracement to go long for 1 hour retracement
when the trendline is broken..buy when it has retested the trendline .keep your stops below the demand zone. Target mentioned in the chart
Good stock for investment purpose Refer chart for details