Simple range breakout expected. Stock already in higher high higher low formation on large timeframes Good consolidation of 5 months, after a healthy up move.
Stock entering into expansion mode after contracting for last few weeks. check image below.
SL is wide at 1020 around 12 % form CMP. Risk can be managed by reducing quantity and keeping risk limited to certain percentage of capital as per risk appetite
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.