MCDOWELL - Breakout Trade
There has been a shift in the trend on the hourly chart of united spirits.
We can clearly see a breakout with a big bull candle.
Since Breakout stock manages to sustain above 790 levels, and also consolidates above it, hence sustaining the same, the stock could move towards 850-860 levels, in the coming trading sessions.
Type of trade:
Long Trade
Positional Trade
Breakout Trade
Great Risk Reward Ratio
We can clearly see a breakout with a big bull candle.
Since Breakout stock manages to sustain above 790 levels, and also consolidates above it, hence sustaining the same, the stock could move towards 850-860 levels, in the coming trading sessions.
Type of trade:
Long Trade
Positional Trade
Breakout Trade
Great Risk Reward Ratio
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.