Bullish Flag Breakout
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Buy only above the flag pattern (133)
1. Stock is in Bullish flag breakout pattern.
2. We have Max pain also near to the price. (130)
3. Stock is struggling near 0.5 Fibo above that we have a good bullish sign.
4. PCR ratio is less than one which suggests on buy-side. ( 0.31)
5. Have SL as below flag lower price and Prefer to buy.
We can have targets as 140/145/150/160
Strictly only an educational view
Buy only above the flag pattern (133)
1. Stock is in Bullish flag breakout pattern.
2. We have Max pain also near to the price. (130)
3. Stock is struggling near 0.5 Fibo above that we have a good bullish sign.
4. PCR ratio is less than one which suggests on buy-side. ( 0.31)
5. Have SL as below flag lower price and Prefer to buy.
We can have targets as 140/145/150/160
Strictly only an educational view
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Target one reached. Book and close or Wait for more targets are use TSL for more targets.
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