4190 (Jarir Marketing Co.)
Price has broken out of a consolidation range that extended from December 2024. It is trading above the 89 EMA — a level it has historically respected, reinforcing the bullish structure. RSI is also in sync with the move, adding further confirmation.
If price reaches TP1, there is a strong likelihood it will attempt to fill the previous gap down, aligning with TP2. The stop loss is set below the 89 EMA at 12.70 on a closing basis, while traders may consider scaling the stop upward as the trend progresses.
Recommended Levels:
Potential upside remains as long as price sustains above the breakout zone and the 89 EMA. Happy trading!
Price has broken out of a consolidation range that extended from December 2024. It is trading above the 89 EMA — a level it has historically respected, reinforcing the bullish structure. RSI is also in sync with the move, adding further confirmation.
If price reaches TP1, there is a strong likelihood it will attempt to fill the previous gap down, aligning with TP2. The stop loss is set below the 89 EMA at 12.70 on a closing basis, while traders may consider scaling the stop upward as the trend progresses.
Recommended Levels:
- Buy: 13.14 (CMP)
- Stop Loss: Closing below 12.70
- Take Profit 1: 13.60
- Take Profit 2: 14.50
- Take Profit 3: Ride the trend with a trailing stop
Potential upside remains as long as price sustains above the breakout zone and the 89 EMA. Happy trading!
액티브 트레이드
Price gapped up and TP2 got hit!
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.