classic Head & Shoulder
Hi Traders and Investors,
Marine Electrical looks good on 📊
watch out as head & shoulder is forming
Now 262 can go up to 300 in coming days as right shoulder is forming it seems.
Better to exit between 300 to 305 level
Once the break out is done can blast up to 35% that is roughly 105 points with target of 400
now risk reward is in favor of 1:2.7% at 262 level
exit near 300 in short term and 400 for long term investment.
while stop loss is 210.
Remember investing has two side profit or loss and Patience.
Marine Electrical looks good on 📊
watch out as head & shoulder is forming
Now 262 can go up to 300 in coming days as right shoulder is forming it seems.
Better to exit between 300 to 305 level
Once the break out is done can blast up to 35% that is roughly 105 points with target of 400
now risk reward is in favor of 1:2.7% at 262 level
exit near 300 in short term and 400 for long term investment.
while stop loss is 210.
Remember investing has two side profit or loss and Patience.
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