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🚀 Trade Alert: AVN Bullish Trend & Horizontal Support 🚀
We have identified a bullish setup in AVN, highlighted by the following observations:
Bullish Trend: AVN is in a confirmed bullish trend.
Sideways Movement: Currently in a sideways consolidation phase.
Bearish Divergence: Previously present but now dissolved.
Support Line: The price is at a horizontal support line.
RSI: Supporting a bullish flag pattern, indicating potential upward movement.
Entry Point:
Buy: At the current market price (CMP) near the horizontal support line
Target Prices (TP):
TP 1: [Mark specific price based on technical analysis] 📈
TP 2: [Mark specific price based on technical analysis] 📈
Longer Ride: Must surpass point D with good volumes for a rally towards 76.00
Stop Loss (SL):
SL: Below the horizontal support line to manage risk
Trade Summary:
Buy: At CMP near horizontal support line
TP 1: [Specify target price]
TP 2: [Specify target price]
Longer Ride: Surpass point D with good volumes for a rally at 76.00
SL: Below horizontal support line
Technical Indicators:
RSI: Supporting the bullish flag pattern
Patience: Targets will be triggered soon, stay patient
Trade Type: Long Swing 🎢
Good Luck! 🍀
Stay informed and trade smart! 📊