Glaxo is in an uptrend. A buying opportunity arises if the stock weakens to 430-420, with:
Key Levels:
1. *Buy zone*: 430-420
2. *Stop loss*: 410
3. *Target 1*: 460
4. *Final target*: 485
Strategy:
1. *Buy on weakness*: Enter the trade if the stock price dips to 430-420.
2. *Risk management*: Set a stop loss at 410 to limit potential losses.
3. *Profit targets*: Aim for 460 and 485.
Considerations:
1. *Market conditions*: Monitor overall market trends and news.
Key Levels:
1. *Buy zone*: 430-420
2. *Stop loss*: 410
3. *Target 1*: 460
4. *Final target*: 485
Strategy:
1. *Buy on weakness*: Enter the trade if the stock price dips to 430-420.
2. *Risk management*: Set a stop loss at 410 to limit potential losses.
3. *Profit targets*: Aim for 460 and 485.
Considerations:
1. *Market conditions*: Monitor overall market trends and news.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.