price at support after that huge buying done in this stock
we can see a short term target like 140 , 150 very soon need some some correction at 115 area .
this are the thing you must aware of for this trade
1 ) price touching support again and again
2 ) head and shoulder like pattern
-----------Head and Shoulder Pattern on daily chart or mostly rejection at top
3 ) if price goes below 110 none of your stop will be executed a sudden dump highly possible due to huge volume .. weak hand will be taken down
4 ) on weekly price can take support at RSI
---------Chart : weekly RSI support chart
Weekly Chart and RSI
When to buy do we have any kind of confirmation
closing above black line support trend line ( weekly closing above 120 - 121 )
only risk taker can buy here
Buy : ladder 114 - 120
Stop : 105
Target : 130 , 140 ,160 ( 1 - 2 month )
we can see a short term target like 140 , 150 very soon need some some correction at 115 area .
this are the thing you must aware of for this trade
1 ) price touching support again and again
2 ) head and shoulder like pattern
-----------Head and Shoulder Pattern on daily chart or mostly rejection at top
3 ) if price goes below 110 none of your stop will be executed a sudden dump highly possible due to huge volume .. weak hand will be taken down
4 ) on weekly price can take support at RSI
---------Chart : weekly RSI support chart
Weekly Chart and RSI
When to buy do we have any kind of confirmation
closing above black line support trend line ( weekly closing above 120 - 121 )
only risk taker can buy here
Buy : ladder 114 - 120
Stop : 105
Target : 130 , 140 ,160 ( 1 - 2 month )
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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.