So here is my fav stock which I'm back considering to buy if -
1. The momentum break 61.8 levels and re-tests 8931 (and goes out of the channel)
2. Remains bearish if it fails to break 61.8 then break the 89 EMA and goes to 8590 levels.
As long as the price is above 89 EMA...Bulls rule..so Im expecting move up
1. The momentum break 61.8 levels and re-tests 8931 (and goes out of the channel)
2. Remains bearish if it fails to break 61.8 then break the 89 EMA and goes to 8590 levels.
As long as the price is above 89 EMA...Bulls rule..so Im expecting move up
Comment:
Perfectly goes out of the channel...1st option 61.8 level...and boom...9225!