Go Long above 29.45 for Targets of 31.2 and 32.95 with SL 27.7
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 0.5 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5 Fibonacci level.
3. In addition to this, a Bullish Candlestick pattern (Bullish Engulfing) around 0.5 Fibonacci level.
4. Also there is a Demand Zone (marked with purple color), as the stock was facing resistance from this zone and after the breakout, it is providing support to the stock.
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 0.5 Fibonacci level.
2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.5 Fibonacci level.
3. In addition to this, a Bullish Candlestick pattern (Bullish Engulfing) around 0.5 Fibonacci level.
4. Also there is a Demand Zone (marked with purple color), as the stock was facing resistance from this zone and after the breakout, it is providing support to the stock.
取消訂單
SL got hit before triggering our buy price. So we will not trade on this setup
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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。