ROUTE trade ideas
Looking Quite Dashing!>Route is a good company to look out for if you are concerned to look BALANCE STREET AND P&L!
>The company is good with fundamentals and operating in good sector with a great scope for CLOUD SERVICES in coming feature.
>The technical point of view is also great!
>Should wait for a good volume bounce back and enter.
>SL is ideal under the trend line, if bounced back there is the move of <25%
GO LONG FOR ROUTE MOBILENSE:ROUTE
A very decent chart pattern which indicates it's price moving by a support from a trendline and its forming a symmetrical triangle pattern. A breakout can have 10% upside target with trailing sl as price increases.
Entry above 2095
Target 2305
Sl 1915 (trail the sl)