inco1

$ibn swing trade idea

Long
NYSE:IBN   ICICI Bank Limited
-long term trend- rising moving averages with strong trend
-intermediate trend in positive with relative strength increasing with room to run
-intermediate moving average is slightly weakening pulling back into .38 retracement level and where dynamic support is found
-volume by price is showing there is volume in this area supporting evidence that shows possible strong support at 9.66 area
-looking for retest of 9.66 area for entry for swing move to target 9.89 resistance..take partial profits and re-enter trade on breakout
-will not enter if it goes below 9.62

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.