The stock is on an uptrend and had correction for sometime and now back to original trend by forming a reversal pattern on daily chart. Breaking the neckline and closing above that may be the time for entry.
stop loss can be placed according to personal risk management.
NB: This is not a stock recommendation, just sharing my view only.
stop loss can be placed according to personal risk management.
NB: This is not a stock recommendation, just sharing my view only.
Note
small ascending triangle forming near neck line, good consolidation near resistance, expecting good breakout
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.