Note : This idea is purely for learning and educational purpose and it's not buying or selling recommendation.
1] Stock price has reached to yearly strong demand zone [Rally-Base-Rally]
2] According Elliot wave analysis, stock has completed one complete cycle (5 wave up and 3 waves down) and it could start a major 3rd wave.
3] Investment horizon : 3 to 5 years.
5] Follow stop-loss very strictly.
6] Never invest more than 5% capital in single stock.
1] Stock price has reached to yearly strong demand zone [Rally-Base-Rally]
2] According Elliot wave analysis, stock has completed one complete cycle (5 wave up and 3 waves down) and it could start a major 3rd wave.
3] Investment horizon : 3 to 5 years.
5] Follow stop-loss very strictly.
6] Never invest more than 5% capital in single stock.
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.