SWING IDEA - INDORAMA
Updated
A new MACD Crossover is about to happen in Weekly Charts indicating a good move upward. Once the crossover is successful, ideally in the coming week, we can see the stock ready for its next leg up.
The stock has also formed a good Support at 39 levels.
The stock has also formed a good Support at 39 levels.
Trade active
Note
15% Profits done so far. Trade seems to be going exactly as expected.
Could hit targets sooner than expected.
Keep a close eye.
Trade active
We got a 2nd Chance from our Entry Zone again.Note
15% Profits done so far. Trade seems to be going exactly as expected.
Trade closed: target reached
Trade Completed. Target Achieved.
Total 31% Profits booked.
Time Taken = 12 weeks.
Congrats to those who made good profits with this Trade.
This is how perfectly Price Action can mint you money when done right.
Trade can still be held on based on your Risk Management as the momentum still looks strong and it is possible that the Stock can go further upward.
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Kudos!!
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