The stock is on an uptrend and had correction for sometime and now back to original trend by forming a reversal pattern on daily chart. Breaking the neckline and closing above that may be the time for entry.
stop loss can be placed according to personal risk management.
NB: This is not a stock recommendation, just sharing my view only.
stop loss can be placed according to personal risk management.
NB: This is not a stock recommendation, just sharing my view only.
Kommentar:
small ascending triangle forming near neck line, good consolidation near resistance, expecting good breakout