Trrendline breakout
已更新
Firstly Nestle gave a breakout above the 200 SMA with excellent volumes.
then it saw some consolidation confirmed by subsequent lower volumes.
Then there was a pullback right till the 200 SMA from where it has bounced back.
It is also forming a flag pattern & now it broke out of the flag with decent volumes.
Coincidentally, it is also breaking out of the trendline (blue in colour).
So if it sustains above 17500 for 15 mins, then it has the potential to move 4-5% intraday.
Buy > 17500
Target: 18370
SL: The blue colored trendline.
then it saw some consolidation confirmed by subsequent lower volumes.
Then there was a pullback right till the 200 SMA from where it has bounced back.
It is also forming a flag pattern & now it broke out of the flag with decent volumes.
Coincidentally, it is also breaking out of the trendline (blue in colour).
So if it sustains above 17500 for 15 mins, then it has the potential to move 4-5% intraday.
Buy > 17500
Target: 18370
SL: The blue colored trendline.
交易开始
One can keep adding little quantities.交易结束：到达目标
On 10 Dec.
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。