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NeeteshJain NeeteshJain PRO MCLEODRUSS, 120, Long ,
MCLEODRUSS: Mcleod Russel Finally Breaks Out Downward Trendline (Bullish)
94 0 6
MCLEODRUSS, 120 Long
Mcleod Russel Finally Breaks Out Downward Trendline (Bullish)

The price action that was trading in a downward trendline has now finally breaks out from the downward trending line, indicating high buying pressure and bullishness. Target: 197-200 Stoploss: 175

NeeteshJain NeeteshJain PRO MCLEODRUSS, D, Long ,
MCLEODRUSS: MCLEOD RUSSEL IN STRONG BULLISH TREND
31 0 8
MCLEODRUSS, D Long
MCLEOD RUSSEL IN STRONG BULLISH TREND

As per my analysis, I believe Wave 1 cycle (containing 5 impulse waves and 3 corrections waves, total 8 Waves) has completed and the buyers have moved in to take prices further up for a new wave. It will be a Wave 3 impulse extension. I believe it is a good time to get long in this one for all day traders, swing traders and investors. Initial RISK/Reward = ...

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