imminent Breakout..
Sumitomo has been moving in a channel pattern and on verge of a breakout from upper channel - volumes have been decent
CMP -350
Target 1 - 353
Target 2 - 383
ideally it is advisable to take such trades when a stock is BEGINNING to move up the channel after taking support at lower channel. 276 would have been the ideal level..but even now it is fine. Watch for breakout. Calculate your own risk/reward
CMP -350
Target 1 - 353
Target 2 - 383
ideally it is advisable to take such trades when a stock is BEGINNING to move up the channel after taking support at lower channel. 276 would have been the ideal level..but even now it is fine. Watch for breakout. Calculate your own risk/reward
הערה
Target 1 complete. CMP 360. Trade closed.if you are looking at this as a swing trade you can hold for longer period. Use your own discretion or take advice from your financial advisor. This is just an idea,
הערה
Trading currently at 372.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.