Double bottom/W pattern formation on weekly chart around ATH

26 ก.ค. 2022

The stock is making a double bottom (W-Pattern) and looks good above 284 for intraday and 290 for positional trade.

Positional mid term targets can be 320 and 360 (calculated using Fibo).

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar