pseng88

$ibn swing trade idea

Long
NYSE:IBN   ICICI Bank Limited
-long term trend- rising moving averages with strong trend
-intermediate trend in positive with relative strength increasing with room to run
-intermediate moving average is slightly weakening pulling back into .38 retracement level and where dynamic support is found
-volume by price is showing there is volume in this area supporting evidence that shows possible strong support at 9.66 area
-looking for retest of 9.66 area for entry for swing move to target 9.89 resistance..take partial profits and re-enter trade on breakout
-will not enter if it goes below 9.62

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