Monitor on two buy zones in above chart. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented...
Better to buy a chunk of LLUB around 90.00 LKR (Now) as price is around a support level and recently broken the down trendline convincingly. If you're buying new, better to buy 30% of the planned share amount, thinking of DCA if the price gets dropped. DCA buying plan is as follows. Around 90.00 LKR (30%) Around 80.00 LKR (33%) Around 70.00 LKR (37%)
Need to break upper trend line. For the last impulse now on retest at fib 50% level. Seems reversal.
as expected it has broken down the trendline and currently looking bearish. if anyone to enter consider DCA methods. however smaller time frames shows slight bullish divergences (1hr) RSI has broken retested and crashed. GP looks a really good entry point for investors. Currently counter is trading below 200dma.
Due to sellers liquidating above average volumes, the stock has created an exhaustion gap while breaking below the rising wedge pattern. Currently, it is near the long-term ascending trendline. With bearish divergence on RSI , it is best to observe if buyers will be able to overpower the sellers to hold price above trendline support and 200-Day moving...