Moving in a channel - Keep a watch
Stock is moving in a channel.
Currently at support / lower end of channel. As this level have been tested multiple times, might break and give a short opportunity !
However, a good bullish signal / candle might also give a good long opportunity + good R::R!
Worth keeping a watch!
Note: Stock is in downtrend from last 2 years!!
Currently at support / lower end of channel. As this level have been tested multiple times, might break and give a short opportunity !
However, a good bullish signal / candle might also give a good long opportunity + good R::R!
Worth keeping a watch!
Note: Stock is in downtrend from last 2 years!!
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