Stock seems to have successfully retested its Swing Low at 500 levels.
A good support as well has formed at 547.
Price Action is trying to break the old Lower Low Pattern and form a new move upward.
MACD also seems to be slowly but steadily gaining momentum upward.
The recent Google Play dispute could be making the stock move at a very slow pace.
So far 547 seems to be like a good support zone. Although any new lows beyond 500 levels could only mean further disasters.
Trade only with strict Risk Management.
A good support as well has formed at 547.
Price Action is trying to break the old Lower Low Pattern and form a new move upward.
MACD also seems to be slowly but steadily gaining momentum upward.
The recent Google Play dispute could be making the stock move at a very slow pace.
So far 547 seems to be like a good support zone. Although any new lows beyond 500 levels could only mean further disasters.
Trade only with strict Risk Management.
Uwaga
News:MATRIMONY appointed Venu Muraleedharan Menon as its new chief human resources officer.
Most recently, Menon was vice president and head of HR operations at Fortis Healthcare.
Transakcja zamknięta: osiągnięto wyznaczony cel
Trade Completed. Target Achieved.Total 21% Profits booked.
Time Taken = 7 weeks.
Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.
Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.
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Comment any Stock that you want me to take a look into and share insights.
Kudos!!
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.