SMGR WEEKLY FALLING WEDGE PATTERN
Updated
There is Falling Wedge Pattern in both Daily and Weekly chart on this stock.
And the Weekly Stochastic already in oversold area + Bullish Divergence detected too.
Wait until the price breakout the falling wedge pattern to entry.
For me, i will wait until the price breakout the falling wedge and wait the retest or correction done.
Disclaimer ON
And the Weekly Stochastic already in oversold area + Bullish Divergence detected too.
Wait until the price breakout the falling wedge pattern to entry.
For me, i will wait until the price breakout the falling wedge and wait the retest or correction done.
Disclaimer ON
Trade active
SMGR finally breaking out the falling wedge(Reversal Mode) pattern, and the nearest target still 7525 (resistance area).Trade closed: target reached
SMGR Done 7525 Take Profit Area. Happy Profit guys
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