INTELLECT
Reason for the trade: 5 years Resistance turned into support for the price.
Buy at 305-310 range for an excellent entry.
Exit when: Daily close below 275 or 1% of your money with proper position sizing.
Volume is supporting the price as we can see that volume is in the high end in recent times!
Disclaimer: Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.
Reason for the trade: 5 years Resistance turned into support for the price.
Buy at 305-310 range for an excellent entry.
Exit when: Daily close below 275 or 1% of your money with proper position sizing.
Volume is supporting the price as we can see that volume is in the high end in recent times!
Disclaimer: Author may enter in trade so take your own decision. This is an trading idea not an trading or Investment advice.