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This counter went through sharp correction due to panic selling !!! price tested the support line at 0.590/0.600 as we stated in the previous TA click here
Today the prices formed a hammer closed at 0.620, which was proved the support level at 0.590/0.600 is valid, If white candle form and break above 0.635 on tomorrow, it pretty much confirm the reversal take over and will heading to 0.70/0.745/0.845.
IDEAL FUNDAMENTAL ANALYSIS PLS CLICK HERE
My Trade Plan : Stop loss
Early SL is 1 candle close below : 0.600
Late SL is 1 candle close below : 0.545
Uptrend Violated : 1 candle close below : 0.460
My Trade PLan : Profit Taking
Very consecutive Target : 0.745
1st TP : 0.845
2nd TP : 1:00
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Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal or corporate ownership, may influence or factor into an expert's stock analysis or opinion.
All investors are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is no guarantee of future price appreciation.
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