The strong hammer kind of candle hints stock is trying to bounce from strong support.
The stock may test the upper trendline resistance or may give breakout.
This would qualify risk reward kind of swing entry with small SL..!!!
The stock may test the upper trendline resistance or may give breakout.
This would qualify risk reward kind of swing entry with small SL..!!!
Trade closed: target reached
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.
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.