As we can see a nice Bearish engulfing in this stock as we can short this stock might see some selling pressure.
Here we will move SL as we achieve 1:1 to BE.
If someone wants to do options ca sell 3500 ce and buy 3600 ce .
Happy trading :)
Interesting chart. Watching price action for more clues !! Breakout above upper end of the range accompanied by higher volume would tilt the scale in favor of accumulation.
This looks like a setup to keep an eye on. Buyers showed up at longer term trend line support and shorter term looks to be in a falling wedge pattern. Watch to to see if the recent strength continues over Friday's highs.
