ARANK trade ideas
ARANK SETUP CUP&HANDLEWait for a handle to form. The handle often takes the form of a sideways or descending channel or a triangle. Buy when the price breaks above the top of the channel or triangle. When the price moves out of the handle, the pattern is considered complete, and the price is expected to rise.
While the price is expected to rise, that doesn't mean it will. The price could rise a little and then fall, it could move sideways, or it could fall right after entry. For this reason, a stop-loss is needed.
#TAYOR MYX:ARANK
ARANK 7214 on Momentum ?The study is based upon Volume Price Spread Analysis and Momentum
ARANK has clearly shown Momentum spike.
Close: 0.76
EP: 0.78<
SL: 0.665/0.56
TP: 0.86/0.95/1.01/
* The last 2 Quarterly results are positive and the NTA looks good at discounted value.
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
