MACD Cross is in play. If it succeeds, stock can go to its next leg up with good volume.
Keep an eye on stock for the coming weeks.
Keep an eye on stock for the coming weeks.
Trade closed manually:
Max Profit booked : 4.5%
Unfortunately due to negative reaction of market due to Election Poll, stock has taken a turn downward now.
Strictly DO NOT engage in any entries now as the Key Support might have been broken.
Unfortunately due to negative reaction of market due to Election Poll, stock has taken a turn downward now.
Strictly DO NOT engage in any entries now as the Key Support might have been broken.
Comment:
Hammer/Dragonfly Doji candles have formed in the Weekly chart. Let's wait another week to see if this trade can be considered again. MACD crossover has still not happened.
MACD Cross is still in play as of this week.