1) Stock is reversing from a 6 weeks old consolidation at a major weekly support - Previous low.
2) Stock is in uptrend
3) Daily is showing Bullish RSI Divergence.
4) Daily Price indicates compression Breakout as well.
My entry - 350
Target - 400
SL - 325
RR - 1:2
2) Stock is in uptrend
3) Daily is showing Bullish RSI Divergence.
4) Daily Price indicates compression Breakout as well.
My entry - 350
Target - 400
SL - 325
RR - 1:2
Note
Exited 50% at SL, holding 50%.Note
1st target hit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.