RAIN- Good consolidation - 40%+ potential - Strong BO possible?
Price Analysis & Overview:
1. Good consolidation. 2. Exceptional volumes surges. 3. Price reacting from the higher levels but also not willing to move down at the same time showing equal buying & selling strength. Price need to cross 187 level for buyers to get dominated. 4. RRR is favourable. 5. Must be on Radar.
Trade Plan: Entry = Post 185 level BO SL = 10-15% TP = 1:2,1:3,1:4,1:5
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Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. I share whatever I do. Please, do your due diligence before investing.
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