Make Mytrip Limited CMP $49.53 / Positional Trade Setup
Buy Range $45 - $50 / Strict Stop Loss $39.50
Target 1 - $53.50
Target 2 - $60.00
Target 3 - $75.00
Disclaimer: This is my view and for educational purpose only
Not much out there ready for Monday. Plan is to stay away from screens and let things/open positions "simmer".
NASDAQ:MMYT is literary the only setups that interests me.
Failed Breakout Reset setup.
Description: MMYT is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $27.4 - $29.3
2. Take profit: $37.5
3. Stop Loss: $25.57
4. Risk To Reward: 1 / 5
5. Accuracy Rating: 91%
MMYT is an india travel online booking company for flight, hotel, and related travel service which is like PriceLine in the USA. Rising India middle class due to economic expansion in manufacture and technology like software, MMYT is on the right spot
Technically, textbook example cup-with-handle base set up its upside potential from June to October
It is...
Company growing revenue while earnings are still heading south. Interesting to see earnings report whether management can start making growing revenue turn into positive earnings. Mcap chart tells the chart has already broken out of long term base, but is it relevant?
Hey guys these are my thoughts on MMYt and why i like this stock:
The stock just broke the new all time high.
The stock not only broke the new all time high but it brokes the new all time with a very strong candle.
The volume was very high so that shows interest on the bullish side.
As you can see the stock broke a nice asccending triangle so this is very...
