HCLTECH on weekly touched 200EMA, by falling more than 30%.
Making higher high now.
To improve RR ratio; SL needs to be adjusted after price sustains the breakout and moves above 100EMA.
Thesis: Price should try and push towards DAILY 200EMA, i.e, returning to the mean.
Making higher high now.
To improve RR ratio; SL needs to be adjusted after price sustains the breakout and moves above 100EMA.
Thesis: Price should try and push towards DAILY 200EMA, i.e, returning to the mean.
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