Lupin - Short covering candidate

2023年3月16日

Lupin after opening gap down on 13th Feb has done some base formation on hourly time frame, above the marked resistance level it has a potential to trigger some short covering and hit around 50% pullback zone.
There is a hint of short covering visible in option chain as well and below the 680CE chart for reference.
Keep this setup in radar

This isn't a trade recommendation but just an education post for learning purpose

2023年3月17日

取消訂單

Price didn't moved above the resistance zone .

2023年4月18日

註釋

Albeit a month late, the move did came