SWING IDEA - STOVEKRAFT

Price Action forming Higher Low Pattern.
MACD Cross also forming Higher Low Pattern.
Stock seems to be following Trendline.
Currently also @ crucial Supply/Demand zone.
Weekly closing above 500 levels with good volume can take the Price to new Higher High Levels.

NOTE: Only negative for now is CTO and Chief HR has resigned very recently.

Note

Good chance the stock is try to create an entry at the Trendline. Wait and take entries as long as the weekly closing is above the trendline.

Note

Trendline Support is still holding exceptionally well despite the recent crash due to Election Results. Let's see how this one plays out.

Trade active

Trade Active again. Could this be the big moment?

Note

Stock is nearly up 10% today from our Entry Point. Safe Traders can exit here if they want.

Note

15% Profits done so far.
Trade seems to be going exactly as expected.
Could hit targets sooner than expected.
Keep a close eye.

Note

18% Profits so far. Keep it going.

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We are so close to our Target of 23%. Should be done by this week mostly. Keep holding.

Trade closed: target reached

Trade Completed. Target Achieved.
Total 23% 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.

Follow for more such Ideas!
Comment any Stock that you want me to take a look into and share insights.

Kudos!!

Note

Up by another 8% this week. Total 31% done from our Entry. Congrats to those who are still holding on to this trade and booking bigger Profits.

Note

Stock is making new highs now. Looks like it will easily retest the next Swing High levels of 700 soon.

Trade closed: target reached

Close to 49% Profits achieved from our Entry Zone. Congrats to those who are still holding on this trade and booking higher profits.

Trade closed: target reached

Achieved 60% from our Entry Zone. Congrats to those who still held on to this trade and booked even more higher profits.

Trade closed: target reached

Achieved close to 70% Profits from our Entry Zone. Congrats to those who are still holding on to this trade and booking higher profits.

Trade closed: target reached

Achieved 75% Profits from our Entry Zone. Congrats to those still holding on to this trade and booking bigger profits.

Trade closed: target reached

Achieved 93% from our Entry Zone. Congrats to those who still held on to this trade and booked even more higher profits.

thepranam

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thepranam

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