From the Highs of 4400s to the recent lows of 3500s stock has almost corrected near 20% n finally started to rose from a good weekly demand zone
But it seems the trouble is not over yet
As we can see a strong supply zone with gaps is present in the daily time frame, with a supply range between 3600 - 3670
Any signs of bearishness in lower time frame will be a good time to sell CE or buy PE with a strict Sl above 3680 for a downside target of 3450
Stock also has one more selling opportunity area in daily time frame with supply range between 3750 - 3775
If monitored properly can benefit from both the opportunities
But it seems the trouble is not over yet
As we can see a strong supply zone with gaps is present in the daily time frame, with a supply range between 3600 - 3670
Any signs of bearishness in lower time frame will be a good time to sell CE or buy PE with a strict Sl above 3680 for a downside target of 3450
Stock also has one more selling opportunity area in daily time frame with supply range between 3750 - 3775
If monitored properly can benefit from both the opportunities
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.
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.