After bouncing off it's low on 24 Feb, the stock has been consolidating sideways between 238 to 239 for the past 1 month. There was one attempt to breakup on 31 Mar which did not follow through. However it looks like it could attempt another breakup soon.
Long if it breaks above 239 again with tight initial stop loss slightly below last Friday's candle low at 230.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important!
Long if it breaks above 239 again with tight initial stop loss slightly below last Friday's candle low at 230.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important!