Previously SANOFI was consolidating in weekly chart.
Now there is a breakout on upper side.
There is 1:14 Risk Reward Long Term Trade Opportunity.
Pros:
1. Very High RR Ratio 1:14
2. Expected Waiting Period is around 8-16 Months
3. Target it 50% +
4. Very High Probability as its fundamentally good stock
Cons:
1. Gave bad results in recent Quarterly Results
We can take 4% Risk to Gain 50% Profit which I consider very great trade.
[ NOTE : Only Recommended to buy with 15-20% of total Capital for long term target]
Now there is a breakout on upper side.
There is 1:14 Risk Reward Long Term Trade Opportunity.
Pros:
1. Very High RR Ratio 1:14
2. Expected Waiting Period is around 8-16 Months
3. Target it 50% +
4. Very High Probability as its fundamentally good stock
Cons:
1. Gave bad results in recent Quarterly Results
We can take 4% Risk to Gain 50% Profit which I consider very great trade.
[ NOTE : Only Recommended to buy with 15-20% of total Capital for long term target]
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.