Stock reaching its daily supply zone
Which also happens to be its trend line resistance
Expecting a short down move from here
Downside now has a good resistance turned support at 3060 - 3080
Stock may try to bounce back from there to break the trend line and move higher
Play according, Keep proper Sl
Which also happens to be its trend line resistance
Expecting a short down move from here
Downside now has a good resistance turned support at 3060 - 3080
Stock may try to bounce back from there to break the trend line and move higher
Play according, Keep proper Sl
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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.