Its a heavy weighted stock means dfm index moves when the price of this stock moves. Lets analyse, its a uptrend stock and retracing after the breakout i had previously also mentioned in my idea to go long on this one as this stock is very strong fundamentally and technically too. After the breakout it took support at 3.80 level and it have come back for the second time to test this area it made a doji candle that is indecisive but on thursday it made a nice bullish green candle giving a close above the previous days open which is very bullish. Yes bank stocks are very sensitive to the news so trade this if there is not negative news it can give good profits for sure.
Hit like & follow to support
Hit like & follow to support
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