looks like a buy
after forming double bottom in 4hour time frame...the stock has gone 35 points from bottom
so as per Double bottom after the neckline is broken
we can enter in a retracement. Now the stock is exactly coming for retracement which had formed a channel like structure in 30 min time frame
so stops below the demand zone
buy when the channel is broken
so as per Double bottom after the neckline is broken
we can enter in a retracement. Now the stock is exactly coming for retracement which had formed a channel like structure in 30 min time frame
so stops below the demand zone
buy when the channel is broken
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