2382 (Ades Holding Company)
Price has broken out of a long-term downward trendline, successfully retested it, and formed a higher high — confirming a shift into bullish structure. The entry comes on the breakout of this higher high, backed by strong volumes and further supported by price holding above the 50 EMA, which it continues to respect.
The first buy is positioned at CMP, with Buy 2 placed lower in case of a healthy pullback for a stronger average. Profit targets are aligned with the expected continuation of upside momentum.
Recommended Levels:
Potential upside remains as long as the breakout structure holds. Happy trading!
Price has broken out of a long-term downward trendline, successfully retested it, and formed a higher high — confirming a shift into bullish structure. The entry comes on the breakout of this higher high, backed by strong volumes and further supported by price holding above the 50 EMA, which it continues to respect.
The first buy is positioned at CMP, with Buy 2 placed lower in case of a healthy pullback for a stronger average. Profit targets are aligned with the expected continuation of upside momentum.
Recommended Levels:
- Buy 1: 15.74 (CMP)
- Buy 2: 15.25
- Stop Loss: Closing below 14.25
- Take Profit 1: 16.86
- Take Profit 2: 18.60
- Take Profit 3: 20.60
Potential upside remains as long as the breakout structure holds. Happy trading!
Trade attivo
TP1 got hit on oct 30th
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.