mindzap

HUBTOWN recovers from lows

Long
mindzap Aggiornato   
NSE:HUBTOWN   HUBTOWN LTD
There was a kind of double bottom on weekly spaced over time. Second swing high after RSI bottomed out. Took a long position with stop as shown. Trailing stop loss will be used to manage.
Trade chiuso manualmente:
Index is correcting want to stand aside
Trade attivo:
This is still a good entry for me. Price breached the high of previous day and ready for next swing. This is a paper trade, index is falling so very apprehensive. The downside is price did not close above the previous day high.
Trade chiuso manualmente:
Have closed this paper trade. Here is the updated analysis -

Monthly is very bearish. Chart does not have sufficient imprints to plot monthly trends. Short term weekly downtrend has got breached. Daily was up and has now breached the up trend. So it is better to stand aside.

a236z
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.