The price has been falling down ever since it hit it major resistance at 1028 back in Dec 23. It has been making new lows ever since. Although it can be noticed that the MACD has finally started to show some upward momentum ever since March 24. Could this Convergence Divergence indicate a good move upward? Lets find out.
Trade closed: target reached
Trade Completed. Target Achieved. 10% Up from Entry. Time taken = 4 days.
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Note
Stock has made 17% Profits from our entry point. Congrats to those who are still holding on to it and booking higher profits.
Note
Made high of 18.35% Profits from our Entry. MACD Crossover as well has successfully happened on the weekly timeframe. This could only mean the stock could go up further.
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