ALPHAGEO / RSI Divergence / Turnaround ?
ALPHAGEO has a very small market cap of 153 Cr.
So please be cautious this stock can give violent moves
Cut your position in half below 230
SL 212
TP 500
We can see RSI divergence long term RSI is getting stronger but the price is still at the same levels
Also, the insider is buying that also gives confidence.
So please be cautious this stock can give violent moves
- Wait for a decisive breakout above 260
- Price is respecting resistance of 240
- This is the 7th time price is at resistance
- Looks resistance is weakening up might give breakout
Cut your position in half below 230
SL 212
TP 500
We can see RSI divergence long term RSI is getting stronger but the price is still at the same levels
Also, the insider is buying that also gives confidence.
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