The stock is currently hovering close to its resistance zone, while a distinct demand zone is evident around the 400-level mark. Furthermore, there is confirmation from the trendline. For a prudent trading approach, it is advisable to refrain from entering a short position until two conditions are met: first, a clear breach of the Demand zone, and second, a...
Price has reacted to a Weekly Resistance which is a Source Supply and we have a confirmation in Daily hence SHort. ENJOY THE RIDE ! ! !
Good for buying above 418 Good for selling below 411 Learning and educational purposes only.
1 THIS IS FOR ONIY EDUCATION 2 WHEN TREND LINE BREAK 3 SL 292 TARGET T1 267.5 T2 262.5 T3 255 T4 248.5 T5 235