EmpiricalRaj

Breakout Kramer Trade.

Long
EmpiricalRaj Updated   
NSE:COSMOFILMS   None
Remember COSMO Kramer from Seinfeld 😄

Pros:
Set for the breakout above 460.
Verge of Multi-year resistance breakout - "Bigger the base, higher in space"

Cons:
Bearish RSI divergence, although confirm below 390.

>>The nature of the indicator is to build up a lot with continuous upside at first and diverge during consolidation. So confirmation is important to see if weakness is for real or not.
Comment:
🎯

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.