On 23rd of September Shoppers stop made an engulfing Bullish candle just on the support.
Also after that this stock is wandering around the same levels with good volatility.
Volume have dried up, which we can consider that distribution phase is over and accumulation is ongoing.
Overall a good short term trade can be taken out here.
Call:
Buy near 171
SL @167 (2%)
Target : 179 (5%)
Risk Reward (2:5)
#HappyTrading
Also after that this stock is wandering around the same levels with good volatility.
Volume have dried up, which we can consider that distribution phase is over and accumulation is ongoing.
Overall a good short term trade can be taken out here.
Call:
Buy near 171
SL @167 (2%)
Target : 179 (5%)
Risk Reward (2:5)
#HappyTrading
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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。