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GSK Pharma- Ready to breakout?

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GLAXO SMITHKLINE P (NSE:GLAXO)  
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Trend Analysis Chart Patterns Technical Indicators GSK pharmastocks supportreversal consolidation strong rsidivergence swingtrading
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trendanalysis chartpattern indicator gsk pharmastocks supportreversal consolidation strong rsidivergence swingtrading
As explained, Glaxo is looking strong for a reversal near support trendline. Trendline breakout can be a beartrap.
RSI positive divergence in weekly TF is supporting the analysis. Best buy is near 1265 with SL below 1227 and target of 1345+.

However, this idea is shared just for educational purposes and not a recommendation.
Dagangan aktif:
T1 crossed-1390.
Hold for bigger returns.
Komen:
Stock ha moved beautifully post 1400 breakout.
ATH resistance of 1950

Idea Berkaitan

tradewithamey_
Alembic pharma can blast anytime!
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