REGALINS stock is yet to take out the recent high which is the target for the current move. Hence, this serves as a long opportunity as confirmed by the bullish engulfing candlestick formation after testing resistance turned to support level. To take advantage of this long opportunity, one can buy at the current market price. The first target is N1.05 (25%) while the final target is N1.43 (70.24%). The stop can be at N0.69 (17.86%) below the support level.
Confluences for the long idea:
1. Bullish engulfing candlestick confirmation
2. Resistance turned to support level
3. Bullish market structure
4. Trendline
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you're not willing to accept the risk.
Confluences for the long idea:
1. Bullish engulfing candlestick confirmation
2. Resistance turned to support level
3. Bullish market structure
4. Trendline
Disclaimer: This is not a financial advice. The outcome maybe different from the projection. Don't take the signal if you're not willing to accept the risk.
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免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。