SWING IDEA - NAVA Nava Ltd , a diversified natural resources and energy company, is showing a promising swing opportunity with a breakout backed by strong technical signals.
Reasons are listed below :
Cup and Handle breakout, a strong bullish continuation pattern
Confirmed bullish price action post breakout
Bullish engulfing candle on the daily timeframe
Volume spike, confirming breakout strength
Trading near its 52-week high, showing momentum
Sustaining above 50 & 200 EMA on the daily chart
Target - 750 // 810
Stop loss - daily close below 645
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
