The typical investor's stock is taking support at 32% retracement on the weekly and if you closely observe this is a higher low as per DOW theory and candles are showing some signs of support here.
One can go long with stop below the previous higher low i.e near 2600 or so on weekly charts.
This is not a momentum pick, it is a kind of investment pick for long-term guys.
One can go long with stop below the previous higher low i.e near 2600 or so on weekly charts.
This is not a momentum pick, it is a kind of investment pick for long-term guys.