DIVISLAB Down to FILL GAP ???!!!

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Chart Patterns insist me to go with the opinion titled above!!!

REASONS:

1. Divislab has been travelling in a MAJOR Expanding Triangular pattern.
2. It's been travelling in a Descending Channel pattern(downswing inside the major pattern).
3. Soon the Stock may take support @ the major support.(Green line shown in chart).
4. There is also a GAP (occured in Aug 2020)....which too can act as Support!!!(thus gap can be filled.)

SL- Day candle closing above 3770
Target- 2900


Let's wait and watch whether its going to take Support or Break it!!!!

Note - Just sharing my view ....not a tip nor advice!!!!



Ghi chú
Forgot to add....there is also 0.5 fib support prevailing near the gap support!!!
Giao dịch đang hoạt động
Ghi chú
moving as per levels!!
Giao dịch đang hoạt động
Ghi chú
Going good...
Đóng lệnh: đạt mục tiêu
Right at the green support line!!!
better to book profit!!!
Ghi chú
ảnh chụp nhanh
Took gap support too!!!!!
Amazing to watch!!!
Chart PatternsDescending ChannelDIVISLABexpandingtrianglegapfillgapsupportprobabilityTrend Analysis

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