Eyes on Colpal - Entry above 1475 if sustained. Target - 1550
Looks like a proper swing trade above 1475. it is taking support from the 5 year timeframe trend line. As well as near its area of value support. There seems to be an hourly breakout too. Rsi is indicating strength. It also made a bullish engulfing candle on today's closing with volumes. Also there's a long build up in this stock.
Worth keeping an eye for. This could be a lucrative trade.
Thank you :)
Worth keeping an eye for. This could be a lucrative trade.
Thank you :)
Penafian
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