Price Action forming Higher High and Higher Low Pattern.
MACD Cross also forming Higher High and Higher Low Pattern.
Looks good for the next leg up.
Expect at least 10-15% up from here.
MACD Cross also forming Higher High and Higher Low Pattern.
Looks good for the next leg up.
Expect at least 10-15% up from here.
Nota
Unfortunately bad Earnings Report has taken the trade to Stop Loss. But a re-bounce is seen again exactly at the multi year Support Zone.
Also MACD Cross is still intact. We can give it another week or 2 to see if the stock picks up again. Else better to exit and look for better opportunities.
Trade chiuso manualmente
Max Profit booked : 10%Unfortunately due to negative reaction of market due to Election Poll, stock has taken a turn downward now.
Strictly DO NOT engage in any entries now as the Key Support has been broken.
Nota
1 month after our exit from this stock. It is back to its Entry Zone now and also with a good green candle.Nota
Positive News: MTAR Technologies Bags Export Orders Worth $16.7 MillionDeclinazione di responsabilità
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
