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Rish_bish_j

Great Opportunity to Short & then Long a Penny Stock

Panjang
VASCON ENGINEERS L (NSE:VASCONEQ)  
Rish_bish_j  
NSE:VASCONEQ   VASCON ENGINEERS L
Chart Patterns Technical Indicators pennystock
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chartpattern indicator pennystock
A great opportunity to buy Vasco Engineers. VASCONEQ
The stock is imitating the RSI movement approximately. As RSI is above 70, the holders are expected to sell the shares now.
Bolligner Bands also support the assumption.
ATR of 0.96, so should move quickly.
Tip:
Short VASCONEQ at 14.
Buy again after dip at 8 for Target Price of 14 and Stop Loss of 6.

snapshot
Penafian

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