Ride the trend reversal for Caplin
Stock name: Caplin Point Lab.
Structure: Very bullish and consolidating.
Idea behind the trade: Good Tap into weekly OB showing signs of reversal by impulse move to the upside leaving volume imbalance zones. Also healthy pullback.
Waiting for the next minor pullback on key levels of VI and FIB for sniper entry.
Ride the trend till the potential sell zones. Can also push it to the high to be aggressive. (Trail your SL to make the most of it)
Structure: Very bullish and consolidating.
Idea behind the trade: Good Tap into weekly OB showing signs of reversal by impulse move to the upside leaving volume imbalance zones. Also healthy pullback.
Waiting for the next minor pullback on key levels of VI and FIB for sniper entry.
Ride the trend till the potential sell zones. Can also push it to the high to be aggressive. (Trail your SL to make the most of it)
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