Hero motocorp has a Bullish breakout
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Hero motocorp has a Bullish sloping trendline breakout, the chart shows support and resistance marked with horizontal lines. The breakout is supported by RSI trendline breakout plus increase in volumes in last few days. A support was found at 4450.
Immediate targets are 4725, 4944.
Disclosure: i hold the stock bought over last year.
This is charted for my own benefit and part of my learning and investing process, i am a retail long term investor.
This is purely a technical chart observation, please check the fundamentals before investing.
Immediate targets are 4725, 4944.
Disclosure: i hold the stock bought over last year.
This is charted for my own benefit and part of my learning and investing process, i am a retail long term investor.
This is purely a technical chart observation, please check the fundamentals before investing.
交易進行
Watchout for any breakdowns, as it retests the trendlines.交易進行
Careful as it is below the bottom trendline交易進行
Stoploss at 4450, exit if closes below this on daily timeframe交易結束：達到停損點
stoploss hit, need to study again for the next move
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