VENUS REMEDIES LTD
Long
Updated

SWING IDEA - VENUSREM

277
VENUSREM seems to be freshly coming out of the Cup and Handle Pattern. Co-incidentally, its is also at a Support/Resistance Level of 404.
It can also be noticed that there was a Convergence Divergence at the MACD Crossover a couple of years ago. After which, we see a another good MACD crossover happening at a crucial level, where the Cup & Handle Pattern also completes, exactly near the Support/Resistance zone.
If all is well, this Setup can play well at least until the next Swing High Level.
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Unfortunately trade hit stop loss.

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