Sequent swing bullish Prediction

2023년 11월 20일

Sequent is performance based stock. It gave a breakout earlier and now after a nice consolidation it seems to move again in bullish direction.

Reasons:

1. Taking support at trendline near 200 EMA and VWAP.
   
2. Moving in Higher HIGH Higher LOW.
   
3. Important level are marked in the chart.
   
4. RSI breaking 50 to upside shows Bullishness.
   
5. Re-Breakout after 3 month of consolidaiton.
   

Verdict:
Bullish Movementum Continuous

Plan of action:
Buy: 101
Stoploss: 98
Target: 112-114