Bullish Case:
This Stock is currently making a bullish pennant
it has already retraced to a very supportive Fibonacci level
from Swing High to Swing Low.
Potential Levels of TP-1 to TP3 are marked
Bearish Case:
This Stock is has created a strong FVG in the month of
May which has created liquidity around 43.5
In order to mitigate that level there is possible retracement.
Possibility is low as in Month July huge selling is seen.
Incase Stock Retrace to That level then DCA level is marked
This Stock is currently making a bullish pennant
it has already retraced to a very supportive Fibonacci level
from Swing High to Swing Low.
Potential Levels of TP-1 to TP3 are marked
Bearish Case:
This Stock is has created a strong FVG in the month of
May which has created liquidity around 43.5
In order to mitigate that level there is possible retracement.
Possibility is low as in Month July huge selling is seen.
Incase Stock Retrace to That level then DCA level is marked
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.