NEM potential buy setup
Updated
Reasons for bullish bias:
- Price is at near weekly support
- Price is at channel support
- Bullish divergence
- Positive earnings results
Entry Level(CMP): 29.80
Stop Loss Level: 28.72
Take Profit Level 1: 33.11
Take Profit Level 2: Open
- Price is at near weekly support
- Price is at channel support
- Bullish divergence
- Positive earnings results
Entry Level(CMP): 29.80
Stop Loss Level: 28.72
Take Profit Level 1: 33.11
Take Profit Level 2: Open
Trade active
TP1 hitNote
Price is at channel resistance, some profits can be booked here as wellNote
Price gave channel breakout. Trailing SL to 36.41Note
Moving SL to 39.8748% in profits from entry so far
Note
71% Up from Entry!!!
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