This analysis is done at the request of a well wisher.
Yes, the overall index is weak but here is a defense stock with a huge pipeline orders.
Usually folks love the satisfaction to pick up stocks at the very bottom and here is one where after a continuous fall, it has reversed with big green candle breakout from a falling wedge + Bullish divergence + MACD crossover and if it starts this upward journey then it would also form the completion of Inverted Head and Shoulders pattern.
The Risk Reward Ratio is very healthy.
Strict Stop loss.
Yes, the overall index is weak but here is a defense stock with a huge pipeline orders.
Usually folks love the satisfaction to pick up stocks at the very bottom and here is one where after a continuous fall, it has reversed with big green candle breakout from a falling wedge + Bullish divergence + MACD crossover and if it starts this upward journey then it would also form the completion of Inverted Head and Shoulders pattern.
The Risk Reward Ratio is very healthy.
Strict Stop loss.
Trade ativo
super move of 20% yesterday has set the tone.Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
