Julphar (ADX) Long Setup
Julphar has been in up trend since 18th Dec with a lovely 33% profit so far. The stock is making a correction now touched the upward trend line which coincides with a a 1H demand zone. this DZ has been holding for the third time, the price expected to shoot higher whenever we have 3 touch points.
Good time to enter or add to your position.
Entry ~ 1.48
Target ~ 1.63
SL ~ 1.40
Remember,
“The trend is your friend until it bends at the end.”
________________________________________
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading involves significant risk of loss. Always perform your own analysis and consult a financial advisor before making trading decisions.
Good time to enter or add to your position.
Entry ~ 1.48
Target ~ 1.63
SL ~ 1.40
Remember,
“The trend is your friend until it bends at the end.”
________________________________________
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading involves significant risk of loss. Always perform your own analysis and consult a financial advisor before making trading decisions.
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.
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.