EICHERMOT (1W TF)
Swing Trade Analysis given on 3rd December, 2023 (Sunday)
Pattern: ASCENDING TRIANGLE
- Volume Spike Buildup Near Resistance - Done ✓
- Neckline Breakout - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #eichermot
Swing Trade Analysis given on 3rd December, 2023 (Sunday)
Pattern: ASCENDING TRIANGLE
- Volume Spike Buildup Near Resistance - Done ✓
- Neckline Breakout - In Progress
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #eichermot
Transaction en cours:
EICHERMOT Update
- Target Level 1 Achieved
- 7% in 2 trading sessions
- TSL On
#stocks #swingtrade #chartanalysis #priceaction #traderyte #eichermot
- Target Level 1 Achieved
- 7% in 2 trading sessions
- TSL On
#stocks #swingtrade #chartanalysis #priceaction #traderyte #eichermot
Previously:
- After achieveing our 1st Target Level, our TSL was hit and we were stopped out
Currently:
- The stock is back at our Weekly Resistance Zone
- Consolidating for nearly 3 months now
- Respected the Lower Trendline
- Strong Buildup with Volumes
Going Forward:
- Possible likely breakout heading towards the same two target levels
- Small SL for a better RR
* Disclaimer