Heromotors - Long setup
Extremely Bullish charts on both daily and weekly timeframes
HeroMotors is almost debt free with a good dividend yield of nearly 3%.
Good ROE and consistent track record for paying healthy dividends
From a technical standpoint, price is sitting on 200 Weekly Moving Average and right below the 200 Day Moving Average. Weekly MA will act as support and Daily may try and act like resistance zone
RSI is peaking up and bullish undertone on both daily and weekly charts. Look for a break above 3000 for a potential target near 3600 levels.
PLs do your own analysis before you take the trades
HeroMotors is almost debt free with a good dividend yield of nearly 3%.
Good ROE and consistent track record for paying healthy dividends
From a technical standpoint, price is sitting on 200 Weekly Moving Average and right below the 200 Day Moving Average. Weekly MA will act as support and Daily may try and act like resistance zone
RSI is peaking up and bullish undertone on both daily and weekly charts. Look for a break above 3000 for a potential target near 3600 levels.
PLs do your own analysis before you take the trades
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If you love what you see, pls share a thumbs up and a comment in the section below
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。