The stock seems to have given a low risk breakout opportunity. it has managed to form a higher low around critical base levels. Risk reward is favorable for an entry
Note
This looks like will be stopped out , although it will still be worth a try if it manages to pull back outside the trend line in the futureNote
PowerGrid was an Investing Idea shared 2 months back. This stock has clearly outperformed the markets and still looks worth an investment if one wants to get in.
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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.