Breakout in Strong Financials & Debt Free Microcap!
Hello Traders,
Sharing this weekly chart of Focus Lighting & Fixtures Ltd, where it has given a breakout from an 8-week range, the stock belongs to the Electric Equipments Industry, stock PE is lower than industries average.
Targets are taken with reference to the Fibonacci Trade-Based Extension.
SL price:
Below- 740 (12%)
Targets:
T1- 1045 (25%)
T2- 1395 (66%)
Risk:Reward:
On T1- 1:2 (almost)
On T2- 1:5.
Disclaimer- Please do your own analysis before entering into any trade.
Best regards Happy Trading- Harshit.
Sharing this weekly chart of Focus Lighting & Fixtures Ltd, where it has given a breakout from an 8-week range, the stock belongs to the Electric Equipments Industry, stock PE is lower than industries average.
Targets are taken with reference to the Fibonacci Trade-Based Extension.
SL price:
Below- 740 (12%)
Targets:
T1- 1045 (25%)
T2- 1395 (66%)
Risk:Reward:
On T1- 1:2 (almost)
On T2- 1:5.
Disclaimer- Please do your own analysis before entering into any trade.
Best regards Happy Trading- Harshit.
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.
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.