The scrip made an Extensive response to budget , usually after such an responsive move we can expect some momentum in the opposite direction
it has two possibilities
01) Go in side ways for a 7 to 8 trading days and then move up
02) Straight forward move with reversal
Which one will occur i have no idea , but for sure i am looking to go long once the price reversed , and looking to book near the forecast with trailing stop method
Comment
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IT WILL HAVE ONE MORE CORRECTION BEFORE ANY UP MOVE THERE IS LOTS OF HYPE GOING IN THE SOCIAL MEDIA , THAT THIS IS GOING UP ,
YES ITS GOING UP AFTER 1 MORE CORRECTION , ON DAILY TIME FRAME PUT THE STOP TO COST IN CASE YOU BOUGHT I AM SURE MANY HAVE GIVEN BUY CALL FOR THIS