Weekly closing above 119 is a good sign for upward momentum.
Stock is also following trendline.
Support @ 119 is holding good for this week.
Expect stock to go up to next S/R zone at least.
MACD looking good for a good move upward too.
Stock is also following trendline.
Support @ 119 is holding good for this week.
Expect stock to go up to next S/R zone at least.
MACD looking good for a good move upward too.
Note
MACD Cross has still not completed. Keep watching and enter after successful cross only. Also weekly closing above 119 is a must for the stock to go to its next leg up.Trade closed: target reached
Trade Completed. Target Achieved.Total 19% Profits booked.
Time Taken = 6 weeks.
Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.
Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.
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Kudos!!
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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.