Recovery Structure Still Intact
JVDC continues to hold its recovery structure after a strong correction phase. The stock has repeatedly defended the 125–128 demand zone, which currently remains the key area for buyers.
The recent rebound from support suggests that accumulation may still be active, while price consolidation below resistance keeps the possibility of another upward leg open.
A gradual accumulation strategy looks reasonable here:
partial position near current levels,
additional buying from the 125–128 support zone if revisited.
Trade Plan
Accumulation Zone: Current levels + 125–128
Stop Loss: 119 (daily closing basis)
Targets:
142
148
155
A sustained move above 142 could improve momentum further, while closing below 119 may weaken the recovery setup.
JVDC continues to hold its recovery structure after a strong correction phase. The stock has repeatedly defended the 125–128 demand zone, which currently remains the key area for buyers.
The recent rebound from support suggests that accumulation may still be active, while price consolidation below resistance keeps the possibility of another upward leg open.
A gradual accumulation strategy looks reasonable here:
partial position near current levels,
additional buying from the 125–128 support zone if revisited.
Trade Plan
Accumulation Zone: Current levels + 125–128
Stop Loss: 119 (daily closing basis)
Targets:
142
148
155
A sustained move above 142 could improve momentum further, while closing below 119 may weaken the recovery setup.
Trade closed: target reached
Alhamdulillah All tps achieved 
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.
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.