Farichem - Trend reversal
The near perfect candle one could expect came yesterday..
The stock broke out with a new expectation candle.
Today it got the best follow thru to go above the 200EMA.
If it can now sustain the 200EMA its surely a trend reversal in the stock..
its a stock which has a history of under performance so be a little cautious with allocation size.
Long at current prices with stoploss below 1230.
The stock broke out with a new expectation candle.
Today it got the best follow thru to go above the 200EMA.
If it can now sustain the 200EMA its surely a trend reversal in the stock..
its a stock which has a history of under performance so be a little cautious with allocation size.
Long at current prices with stoploss below 1230.
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