(For educational purpose only, please do your own analysis before taking any position.)
-The price brokeout of a downward sloping trend line on August 30.
-This was followed by a strong price price movement of around 2000 points in the first week of September.
-In the later weeks of this month the stock is forming lower highs and higher lows ( BULLISH PENNANT ), with RSI staying above 50.
-Wait for a breakout of this consolidation, and go long after this somewhere around 8400-8500.
-Potential target could be the all time high of 9900.
-The price brokeout of a downward sloping trend line on August 30.
-This was followed by a strong price price movement of around 2000 points in the first week of September.
-In the later weeks of this month the stock is forming lower highs and higher lows ( BULLISH PENNANT ), with RSI staying above 50.
-Wait for a breakout of this consolidation, and go long after this somewhere around 8400-8500.
-Potential target could be the all time high of 9900.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.