Prince Pipes Momentum Long - Weekly/Daily

9 thg 8, 2020

PRINCEPIPE has given a breakout on Weekly and Daily Time Frames. On weekly charts the RSI is also showing that the stock is gaining volume and is in the sweet 60-80 zone. Further, on daily charts the RSI is near 75 level. The stock can move forward a little bit so one can take an entry right here and further wait for retest (that is when the RSI will be in overvalued zone and move downwards along with the price) - where it could be added more.