following dow theory . trading at long time support trendline consider for long term view
trading at long term support. also check red line, horizontal support
buy for long term stock trading at long term support
Buy for long term Trading at long time monthly support
1. Long term trendline support 2. NDX ETF/kotak index fund can be use for inv.
Investment purpose Reason 1.NASDAQ trading at long term trendline support. 2. FIB support 23.6%. Add amounts gradually for long term
Long term view on GSPL STock can see correction phase. TILL 1ST fib support level / C point in correction wave. Which is also long term tredline support. If it respects supporting trendline then it will start new long trend
Creating typical inv H & S pattern on monthly time frame
Creating perfect inverted Head & shoulder pattern on monthly time frame.
