Came out of a huge range Basing near ATH High Momentum Volume Contraction
Creating a base near ATH High Momentum Stock Volume Contraction
Fundamental Perspective, Positives, 1. Low Debt 2. Good ROCE 3. Increase in FII/DII holding 4. Company with Zero Promoter Pledge Negatives, 1. Decline in Qtr net profit 2. Declining Revenue Technical Perspective, 1. Strong Momentum 2. Tringle Breakout 3. Volume Profile -Price is above POC 4. RS is Positive " MID Valuation Company with high...
I bought 5% of my wallet capital and will sell at the targets
The lower it goes the better for us!
STRATEGY: NZDCAD Ascending Channel Counter-Trend Strategy DETAILS Long Term Trend Time Frame: 1D/4H Focus Time Frame: 4H Entry Time Frame: 1H Market Condition Long Term: Downtrend (based on 1D TF/200EMA) Short Term: Uptrend/Consolidation (based ion 1D TF/10EMA and 50EMA) inside Ascending Channel CHART PATTERN: Ascending Channel Area of Value (AOV)...