1. horizontal resistance
2. lower supportive trendline
3. higher lows pattern
4. rsi convergence
5.volume starts increasing
levels:
risky traders = buy above 59.55
safe traders= buuy above 61
stop loss= 55.5
target= 64 for intraday
this can be taken for swing trade also;as it is making cup and handle pattern on daily time frame
let us see how the things move in coming days
2. lower supportive trendline
3. higher lows pattern
4. rsi convergence
5.volume starts increasing
levels:
risky traders = buy above 59.55
safe traders= buuy above 61
stop loss= 55.5
target= 64 for intraday
this can be taken for swing trade also;as it is making cup and handle pattern on daily time frame
let us see how the things move in coming days
Trade closed: target reached:
stock rises by 17 percent in four trading sessions
Trade closed: target reached:
stock rises massively by 45 percent in just two and half months time period