Chart Patterns insist me to go with the opinion titled above!!!
REASONS:
1. Divislab has been travelling in a MAJOR Expanding Triangular pattern.
2. It's been travelling in a Descending Channel pattern(downswing inside the major pattern).
3. Soon the Stock may take support @ the major support.(Green line shown in chart).
4. There is also a GAP (occured in Aug 2020)....which too can act as Support!!!(thus gap can be filled.)
SL- Day candle closing above 3770
Target- 2900
Let's wait and watch whether its going to take Support or Break it!!!!
Note - Just sharing my view ....not a tip nor advice!!!!
REASONS:
1. Divislab has been travelling in a MAJOR Expanding Triangular pattern.
2. It's been travelling in a Descending Channel pattern(downswing inside the major pattern).
3. Soon the Stock may take support @ the major support.(Green line shown in chart).
4. There is also a GAP (occured in Aug 2020)....which too can act as Support!!!(thus gap can be filled.)
SL- Day candle closing above 3770
Target- 2900
Let's wait and watch whether its going to take Support or Break it!!!!
Note - Just sharing my view ....not a tip nor advice!!!!
Nota
Forgot to add....there is also 0.5 fib support prevailing near the gap support!!!Trade attivo
Nota
moving as per levels!!Trade attivo
Nota
Going good...Trade chiuso: obiettivo raggiunto
Right at the green support line!!!better to book profit!!!
Nota
Took gap support too!!!!!
Amazing to watch!!!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.