SMS life science has been doing quite well for some time now. After the earlier gapups formed back to back in Sept 2020 , the gaps were filled subsequently and it has been forming a type of penant. The numbers are going to be announced on 7th of june i.e tomorrow and caution should be maintained if the trade is executed. A good chance that the stock should breakout of the consolidation since april.
Disclaimer : This is strictly for educational purpose and any position should be taken only after self analysis.
Disclaimer : This is strictly for educational purpose and any position should be taken only after self analysis.
Note
Not the best of breakout with 2 red candles and looks like this one could retest b/o levels and then could see better volumesNote
Numbers have been really good. if it sustains through the this week, we could see all targets coming in next week itselfTrade fermée manuellement
Reached 880. Short term targets done. One can hold this stock for higher levels with sl of 685
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.