Swing Opportunity in DCB Bank
Go Long above 88.65 for Targets of 93.75, 98.85, and 103.95 with SL 83.55
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.
3. A bullish candlestick pattern (Bullish Engulfing) marked with the orange color is formed around 0.618 Fibonacci level.
4. Also there is a strong demand zone (marked with green color), from which the stock initially faced resistance but now is taking support and moving up.
5. The stock may go up to the trendline where it may face resistance.
Reasons to go Long :
1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618 Fibonacci level.
3. A bullish candlestick pattern (Bullish Engulfing) marked with the orange color is formed around 0.618 Fibonacci level.
4. Also there is a strong demand zone (marked with green color), from which the stock initially faced resistance but now is taking support and moving up.
5. The stock may go up to the trendline where it may face resistance.
交易進行
Entry triggered on 30 Aug 2021交易結束：目標達成
Target 1 achieved on 01 Sep 2021
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。