Strong long-term bullish pattern. Recent retracement less than 50%, so the bullish view sustained. Is trading above the value area of the recent range formed. View: Buy above 2100 Target: 2200 SL: 2075
A) Prior trend top B) First bottom after correction from high. C) Pull back from first bottom. D) Second bottom that undercuts first bottom which is an ideal setup of a double bottom as per William O Neil . Price retracing back to hold 10 week ma. E) Pivot point for a possible buy. 1680 plus. Stop 8% below buy point. Fundamentally, YoY quarterly EPS growth has...
Vinati Organics: Short term support is at 1400. It is in the middle of a wide range. I see an intermediate target of 2000. Long term support is at 1050
H = 935-875 = 65 Entry = 920 SL = 900 Target = 920+65 = 985