RAYMOND (1D TF) - Swing Trade Analysis given on 20th April, 2024
Pattern: CUP & HANDLE - Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress
* Disclaimer
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RAYMOND Update - 25th April, 2024
✓ 4% Up in 4 Trading Sessions
- First Target Level Achieved - The stock did not retest the Demand Zone but continued its upmove - Will pyramid into based on the next few candles - TSL is below todays candle/swing low
* Disclaimer
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RAYMOND Update (as on 2nd May, 2024)
✓ 8% Up in 7 Trading Sessions
- Both Target Levels have been achieved with strong breakout volumes - TSL is moved up