#sunpharmaceutical cup and handle weakly breakout positionl long

The stock on weekly chart had earlier broken out of a cup and handle pattern and consolidated post to that to further move up
and now has a momentum reverse divergence which is bullish to take it further up if it works out to happen. However caution need to be maintained
with tight stop loss since the ads trend strength has taken a bent on the top which may be indicating a reduced trending move.momentum
is bullish on medium and long term but short term need catch up move and entry need be made only if u see daily momentum rsi > 60.
Positional entries need consider breakout neckline as stop loss while swing trades should consider previous support levels for exit.
and now has a momentum reverse divergence which is bullish to take it further up if it works out to happen. However caution need to be maintained
with tight stop loss since the ads trend strength has taken a bent on the top which may be indicating a reduced trending move.momentum
is bullish on medium and long term but short term need catch up move and entry need be made only if u see daily momentum rsi > 60.
Positional entries need consider breakout neckline as stop loss while swing trades should consider previous support levels for exit.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.