Zeel Analysis
Aggiornato
Zeel is at the possible breakout stage of a monthly trendline in daily as well as 1 hourly time frame.
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Reason to Buy:
1) Healthy 'W' patten break out.
2) Buyers dominance at lower levels.
3) Monthly trend line break out.
4) Increased volume levels.
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Best place to enter at 225.00.
SL should be at previous support i.e near about 215.50.
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PS: Stock is known for wild momentum in the past.
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Reason to Buy:
1) Healthy 'W' patten break out.
2) Buyers dominance at lower levels.
3) Monthly trend line break out.
4) Increased volume levels.
.
Best place to enter at 225.00.
SL should be at previous support i.e near about 215.50.
.
PS: Stock is known for wild momentum in the past.
Nota
Just now notice the formation of a trendline above 220 level in a 1-hour time frame. Once broken I'm planning on entering just a tad bit early. Again beware stock is known for wild moves in the past.Nota
Entering Right now for Long term viewTrade attivo
Still holding on to this trade known for wild moves as you can see in the chart above.
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