Swing Opportunity in Escorts
Aggiornato
Go Long above 1189 for Targets of 1225.45 with SL 1152.55
Reasons to go Long :
1. If we draw Fibonacci Retracement from recent swing low (Point A) to recent swing high (Point B) on a 1 Day chart we see the stock took the support of 0.618 Fibonacci level.
2. Around 0.618 Fibonacci level, we can see that the stock is forming double bottom (W pattern) which is bullish.
3. Also there is a trendline that is providing strong support to the stock.
Reasons to go Long :
1. If we draw Fibonacci Retracement from recent swing low (Point A) to recent swing high (Point B) on a 1 Day chart we see the stock took the support of 0.618 Fibonacci level.
2. Around 0.618 Fibonacci level, we can see that the stock is forming double bottom (W pattern) which is bullish.
3. Also there is a trendline that is providing strong support to the stock.
Trade attivo
Entry triggered on 28 June 2021Trade chiuso: obiettivo raggiunto
Target achieved on 1 July 2021
Declinazione di responsabilità
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