Disclaimer: The analysis is only for Educational Purpose. Please consult your financial advisor
before taking any investment decision
An ABC correction seems to have ended in UPL after a failed 5th wave. Currently it appears to have finished minor wave 2 of wave 3.
It has broken a declining trendline with volume near the end point of wave 2 with high volume and big bullish bars which matches the personality of wave 3. If the above analysis holds true, then we are in a bull run with minimum upside of 15%-16% from the current levels of 534. A low-risk high reward entry point could be near the retest of the trendline or around 23-38% retracement levels of the last leg
before taking any investment decision
An ABC correction seems to have ended in UPL after a failed 5th wave. Currently it appears to have finished minor wave 2 of wave 3.
It has broken a declining trendline with volume near the end point of wave 2 with high volume and big bullish bars which matches the personality of wave 3. If the above analysis holds true, then we are in a bull run with minimum upside of 15%-16% from the current levels of 534. A low-risk high reward entry point could be near the retest of the trendline or around 23-38% retracement levels of the last leg
노트
The stock has shown signs of bullishness in line with our initial analysis. We will monitor closely to see if it follows the expected trajectory. We will provide updates accordingly. Please be cautious as the lingering effects of the election results may lead to increased volatility.액티브 트레이드
The stock has finally given a good break out. We may see our original target of 614 and next target of 700 in near time
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.