Panjang
Possible 9% short term gain
TV18BRDCST is a stock where complex CWH is getting formed in Daily chart.
During handle formation, new higher low is getting created.
In this chart of 15 mins, similar pattern is observed as earlier when a strong 10% candle got formed for breakout. It is expected that either CWH pattern will give a breakout, where return will be more than 9% or hit the resistance with 9% upside potential. Stock may correct if short sellers are highly active at that level.
During handle formation, new higher low is getting created.
In this chart of 15 mins, similar pattern is observed as earlier when a strong 10% candle got formed for breakout. It is expected that either CWH pattern will give a breakout, where return will be more than 9% or hit the resistance with 9% upside potential. Stock may correct if short sellers are highly active at that level.
Dagangan ditutup: sasaran tercapai
Target HIT.
Penafian
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