KAS109

RDY - Bull PENNANT

Long
KAS109 Updated   
NYSE:RDY   Dr. Reddy's Laboratories Ltd
Watching for entry on any signs of bullishness here above $37.48. Starting to find support on the cloud. Q4 announcement Feb 1st. New drug(s) release - migraine med + propofol injectable. 0.2 % capital. Super tight stop - a few cents below 20 ema. Consider waiting for price to tighten up a bit more before getting in.
Comment:
Still stalking this trade. Waiting for report tom Feb 1st. Looking good so far, hopefully it won't get away...
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.