The Butterfly: Perched On Thin Lines

'If' the stock breaks the bullish trend line, it would not be a good sign for bulls. In that case, bears can put the butterfly in action below 132, and the stock might taste 115 and 97 in near future. A potential reversal can be expected at 92-97 zone.


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Commento:

Stock is weak and below the trigger price.

Commento: