Chart of the Week 29/10/21. Vimta Labs
This week I chose Vimta Lab as my chart of the week. On 21/7/21 I chose this stock as chart of the week when it broke its all time high on daily charts, however, the stock took resistance and consolidated almost for 3 months. This week again the stock has given breakout above its all time high @346 and able to close above it with high volumes. If we see long term chart ie 3 years, the stock has made a Inverted Head and shoulder pattern.On lesser time frame, stock has given a breakout of a parallel channel. As per Fibonacci, targets are very aggressive. Therefore, i think this is worth of a investment.
Targets - 525, 815 weekly.
SL - 312 W.
View - Medium to Long term
Targets - 525, 815 weekly.
SL - 312 W.
View - Medium to Long term
Note
390Note
414
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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.