ALICON :: LONG SETUP

ALICON :: LONG SETUP
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-- Buy at Current Levels / Pull back (770 - 820)

-- Initial S/L 735

-- Target the Channel Top / FIB Levels or hold as positional pick

Reasons for increased probability::
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-- Recent Trendline breakout.

-- high volumes + delivery seen last 3 sessions

-- Momentum breakout in RSI

-- MultiYear Breakout & Retest completed

/**
Caution : Smallcap Auto stock... Prefer allocating <5% of your capital.
This is just a probability analysis and trade at your own risk.. And re-read "Risk Management".
Consult your financial advisor to know more about the risks associated with buying / selling shares.
**/