Swan Corp Limited
做多
已更新

SWING IDEA - SWAN ENERGY

414
Swan Energy, a diversified company with interests across textiles, energy, and real estate, is showcasing a strong swing trade opportunity backed by reliable technical signals.

Reasons are listed below :
  • The 450 zone has acted as a strong support, and price is now attempting a breakout from a 6-month Darvas box consolidation.
  • A strong bullish engulfing candle on the weekly timeframe signals renewed buying interest.
  • The 200 EMA on the weekly chart is acting as a solid support.
  • The stock is also bouncing from the golden 0.618 Fibonacci retracement zone.


Target - 580 // 685
Stoploss - weekly close below 410

DISCLAIMER -

Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.

@visionary.growth.insights
交易开始
Watch out!

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。