CARR potential Buy setupReasons for bullish bias:
- Strong resistance breakout
- Price has broken all-time high
- Accumulation phase breakout
Here are the recommended trading levels:
Entry Level(CMP): 62.18
Stop Loss Level: 52.73
Take Profit Level 1: 65.33
Take Profit Level 2: 68.78
Take Profit Level 3: Open
Carrierglobal
Carrier Global - Starter?Carrier Global purchases the Viessmann Heat pumps unit. The market reacts very negative due to the high price but nevertheless the deal provides big business potential for the future. A opportunity to enter? The technical situation is not 100% supportive a seems more bearish than bullisch. Nevertheless, the price meets some important trend lines and supports, thus it may rebounce or even start a bottom for a future run. But there are also much rooms below if this zone/lines are broken.