In previous chart published, it showed false breakout due to ER big sell off trapping a lot of bulls. This stock has been tough to crack.
Now it has closed the gap. Will it breakout of the upper trend line this time for real?
Price target - 38
Stop loss - 32.82.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Now it has closed the gap. Will it breakout of the upper trend line this time for real?
Price target - 38
Stop loss - 32.82.
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.