Excelon Corporation (EXC) is traded bellow down slopping resistance, however horizontal support is being respected since beginning of 2023. Price is approaching a support line marked on a chart.
Entry point: Consider entering a long position when the price reach recommended entry price: 39.35.
Stop loss: Place stop loss below support line. Recommended stop loss value : 38.70.
Take Profit 1: 42.70.
Entry point: Consider entering a long position when the price reach recommended entry price: 39.35.
Stop loss: Place stop loss below support line. Recommended stop loss value : 38.70.
Take Profit 1: 42.70.
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