Liberty Shoe Stock I am seeing a short-term bullish view on this stock, with the price sustaining above the previous resistance level. This is for educational purposes only.
Monthly is moving out of 4 months old consolidation period. Weekly shows a triangle chart pattern compression BO. One may consider an immediate swing trade for a target till the supply levels marked, 280 range. Quick 5 to 10% move is seen. And if the price sustains above 180 then the stock may move to 350. Happy trading!
Looks good above 187 mark for an upward movement of 10%
BUY LIBERTY SHOW CMP155-156 SL 143 TGT 170/185 TK cross over at 148 MACD cross over About to break cloud on the upside int he range 160-162 After pivot breakout at 154 nest resistance is 175 where you can book partial profit and if breaks 175 then next TGT >200
Range Breakout With High Volume . RSI Also Broke Last Swing High (Indication Strong Upside Momentum ) Buy Initiate Above :- 145 Sl :- 135 Target :- 170