WXYXZ COMPLETION FOLLOWED BY RANGE BOUND PRICE MOVEMENT
AFTER COMPLETING WXYXZ STOCK FELL ON HEAVY VOLUMES ON 4TH FEB AND MADE BIG BEARISH CANDLE.GENERALLY MID POINT OF SUCH CANDLES ACT AS A RESISTANCE WHICH WAS EVIDENT IN A SUBSEQUENT BOUNCE.
AS OF NOW STOCK IS TRADING IN A RANGE OF 197-231.YESTERDAY STOCK GAINED 4.5% AND CLOSED NEAR IT'S HIGH ALONG WITH DECENT VOLUMES.LONGS CAN BE INITIATED WITH 195(61.8% RETRACEMENT OF UP MOVE FROM 20-10-2020 TO 04-02-2021, ALONG WITH PRICE TESTED SUPPORT) AS EXIT ON DOWNSIDE AND TGT OF 257.
AS OF NOW STOCK IS TRADING IN A RANGE OF 197-231.YESTERDAY STOCK GAINED 4.5% AND CLOSED NEAR IT'S HIGH ALONG WITH DECENT VOLUMES.LONGS CAN BE INITIATED WITH 195(61.8% RETRACEMENT OF UP MOVE FROM 20-10-2020 TO 04-02-2021, ALONG WITH PRICE TESTED SUPPORT) AS EXIT ON DOWNSIDE AND TGT OF 257.
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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.