SWING IDEA - LAURUSLABS

thepranam의
업데이트됨
Price Action seems to be forming Higher High and Higher Low Pattern.
Has broken the previous Lower Low Pattern with a big green candle .
434 is the major Support/Resistance Zone.
Currently price seems to be successfully breaking the 434 price.
Weekly close above this levels can take the stock to the next leg up.
코멘트
Stock bounced back again at the Trendline Level? Let's hope this will be the last retest for a big move upward.

스냅샷
코멘트
It looks like 444 level is forming a Resistance Zone. If still continues to go down further, its better to not enter this trade at all. Let's give a week or 2 max to see what happens.

스냅샷
코멘트
Trade looks like it might get invalidated. Let's wait for the monthly close to get a better clarity.
코멘트
Monthly closing so far looks good. We have to wait for a good volume to take the stock above 444 level in order for it to start rallying. Until we cross 444 levels, there is still no proper clarity on direction.
코멘트
12% upside this week and making a new high from our entry zone. Also finally we have a good closing above 444 level. Hopefully, our rally will start from the coming week onwards.

스냅샷
코멘트
Red candle this week. Next week's candle should give us some more better clarity on the move forward.

스냅샷
코멘트
Back at our Entry Zone again after a very good move in the last 2 weeks.
Support and ResistanceTrend AnalysisTrend Lines

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