JAMNA AUTO - Keep a close watch
Diupdate
The stock is at its Resistance of 38.5 which is also the top border of the "Parallel Channel".
One cannot rule out the possibility of the stock again falling back into the channel.
A Golden Cross may be seen in the coming days after which the stock would gain further momentum.
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I believe in keeping the chart simple with minimal drawings & easy to interpret.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate the chart with a Like if you felt it deserves it and Following me would only add on to the confidence.
One cannot rule out the possibility of the stock again falling back into the channel.
A Golden Cross may be seen in the coming days after which the stock would gain further momentum.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate the chart with a Like if you felt it deserves it and Following me would only add on to the confidence.
Komentar
It's been a great week since the breakout Keep holding.Komentar
Today's market has crashed because of China Tensions. This situation is beyond technical analysis. I suggest to book profit/losses and prevent yourself from further unpredictability.No doubt good stocks will recover but the time frame isn't certain. Also if you sit with your cash ,you can reenter at lower levels.
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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