EXPD, bullish action on the hourly chartHourly Chart. The price shows a bullish price action of 2 weeks after a drop of 21% from $128 to $100.
Second bullish crossover after the first one failed.
There is a good gap left open at $121
1EXPD trade ideas
EXPD potential Buy setupReasons for bullish bias:
- Price bounce from strong support
- Price respecting long-term trendline
- Entry at LH breakout (DOW)
- Strong bullish candles formed at support
- Bullish divergence
Here are the recommended trading levels:
Entry Level(CMP): 120.97
Stop Loss Level: 114.20
Take Profit Level 1: 127.74
Take Profit Level 2: Open
