Marico: Heading towards Resistance
This is a potential buy setup in this uptrend with SL 338.75 and targets 379 or higher towards 400 resistance zone.
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Catatan
One of my old educational posts :)
Catatan
Caution !!! Results today.Catatan
360 has been a resistance. So assuming that up trend is still intact, there could be two possible setups. Buy if price holds at A with small stop loss. OR let the stock break 360, pullback at B and then buy with a stop below the swing low.If stock does not hold at A, then there is no buy.
Catatan
Scenario B is workingCatatan
370 has become a hurdle. But higher lows are still intact. Not a bad weekly close as well.Catatan
Trend is getting weaker.. stop to breakeven.Trading ditutup secara manual
at 376.5
JJ Singh
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JJ Singh
Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020
Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.