TRUCAP FINANCE LTD
看多

TRU Breakout Re-test and BUY MOVE

463
TRU is a performance-based stock. On 28th Aug 23, I posted it's breakout. But unfortunately, it could not be a successful breakout. Now, TRU has retested the Support trendline and is bouncing back. There is a minor resistance at 64 because it has been tested multiple times. This time, it is more likely to break to the upside.

Reason:
  1. Stock has been consolidating for more than a year.
  2. It has formed a triple Bottom.
  3. Taking Support at Trendline.
  4. Right now, at support Zone.


Verdict:
Bullishness Expected

Plan of action:
Buy: 59.60
Stoploss: 54
TARGET: (1st) 82, (2nd) 100

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。