DAILY CLOSE ABOVE 419 IS LONG BREAKOUT SIGNAL
TAKE LONG 1 TICK ABOVE BREAKOUT CANDLE HIGH
STOP LOSS CBKS
THERE IS NO TARGET FOR THIS SETUP. STAY IN TREND UNLESS STOP IS TRIGGERED.
1.Trading above All Importance Moving avg.
2.Two year Downward Channel Breakout
3. Stock Just Bounced From weekly 200 MAVG.
4.Company is virtually debt free.
5.Stock is providing a good dividend yield of 3.88%.
6. Company has a good return on equity (ROE) track record: 3 Years ROE 28.78%
7. Company has been maintaining a healthy dividend payout of 80.37%
Watch...
Hexaware is trading inside a declining channel. the recent bounce is from the channel support as well as long term trend line support. Current price give a long trade with a very healthy risk/reward
