CITY UNION BANK LTD
Panjang
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Good return can be expected from this small cap stock

372
CUB is trading in the price range of 190-200 for the past 3 years. Currently, it is trading near the weekly demand zone. On the daily timeframe, it has given a trendline breakout and again confirmed the upside possible movement by breaking the reversal trendline.

One can create a fresh position at CMP or can buy in dip and can hold for swing or position for the final target. SL will be below the demand zone which is 105

Happy trading :)
Nota
Typo mistake:
CUB is trading in the price range of 109-200 for the past 3 years.
Dagangan ditutup: sasaran tercapai
Second target achieved. Hold for long run returns

Penafian

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