HERITAGE FOODS - multi-year breakout - Buy on Dips!
Monthly Time Frame:
Overview & Observation:
1. Beautiful Double bottom formation and broke 7 years of resistance level in 1 shot shows strength in buying.
2. Good volume support
3. Earnings are strong.
Trade Plan:
1. It has already gone to targets for the structure it gave BO.
2. Wait for a retracement for buying.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Overview & Observation:
1. Beautiful Double bottom formation and broke 7 years of resistance level in 1 shot shows strength in buying.
2. Good volume support
3. Earnings are strong.
Trade Plan:
1. It has already gone to targets for the structure it gave BO.
2. Wait for a retracement for buying.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
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