The stock has been traveling in a wedge formation for the last two months. This time it is at the bottom. Can take a chance if bounces from here.
The setup fails if sustains below the lower trendline of the wedge for 2 days.
This is only for learning and sharing purposes. Not a piece of trading advice in any form.
All the best.
The setup fails if sustains below the lower trendline of the wedge for 2 days.
This is only for learning and sharing purposes. Not a piece of trading advice in any form.
All the best.
Although the stock price hit the sl initially, but finally both targets were reached today.