tradeandtequila

#ALBERTDAVID looking good for a SHORT TERM TARGET of 15-20%

Long
NSE:ALBERTDAVD   ALBERT DAVID
ALBERTDAVD
The structure looks quite appealing.

- Consolidation for the last few months seems over.
- Sharp rise from established DEMAND ZONE and consolidating near resistance line.
- Buying volume seems much more convincing than the selling. Can give a good 15-20% rally to the next supply area.
- Halting near resistance line. Seems to soak up all the selling pressure.

** Entry can be made immediately upon breakout or upon retest of the down trendline.

Disclaimer: This is just for educational purpose. Investment/Trading carries its own risk of permanent capital erosion and mental drawdown as well. Do consult your financial advisor before getting into any positions.

P.S - Likes will be appreciated along with your insights in the comment section as well. Thank you.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.