Long term trend-line breakout in ITC
We all know that ITC has been dividing the trading world into two for so long.
Some exited in loss, some held it like 'fevicol's ad' and some cannot even tell the story.
but, but
Why should one buy ITC now when spines are chilled?
Reasons:
1. Bullish Marubozu Candle with high volume.
2. Clear Trend-line Breakout.
3. Absorption of all the supply range visible in February 2021.
4. Making Pandemic Era High.
5. Rising RSI @ 56.54
6. DMI crossover with ADX trying to tilt upwards.
Precaution:
Please do not chase the move right now.
Let the stock pullback or at least consolidate.
If it does not correct below 233, look for bullish signs for entry.
Some exited in loss, some held it like 'fevicol's ad' and some cannot even tell the story.
but, but
Why should one buy ITC now when spines are chilled?
Reasons:
1. Bullish Marubozu Candle with high volume.
2. Clear Trend-line Breakout.
3. Absorption of all the supply range visible in February 2021.
4. Making Pandemic Era High.
5. Rising RSI @ 56.54
6. DMI crossover with ADX trying to tilt upwards.
Precaution:
Please do not chase the move right now.
Let the stock pullback or at least consolidate.
If it does not correct below 233, look for bullish signs for entry.
交易结束：到达目标
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。