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TASTY BITE AT IMP SUPPORT
TASTY BITE EATABLES LTD
Giá lên
TASTY BITE AT IMP SUPPORT
Theo manuagarwal21
Theo dõi
Theo dõi
17 thg 11, 2022
3
Chúc mừng
Chúc mừng
17 thg 11, 2022
Another stock, that came on the radar is Tasty BIte for a Positional Trade.
The stock made a low of 8050 in the last week of June 2022 and then rallied massively from there and made a High of 13700 in late August 2022.
That's a huge 70% return in just two months.
Usually when stock witnesses such a fast move it usually consolidates for a long time afterward.
Now the stock has been consolidating for the past 3 months in a 20% range i.e 11300- 13700.
There can be two types of trades that can take place:
1. Support Trade
2. Breakout Trade
Support Trade: Stock can be bought near the support level, which would offer a great risk-reward ratio, but at the same time,
Cons of Support Trade: your capital might get blocked for a long since we do not know how long it's gonna consolidate.
Breakout Trade: Keep the stock on the radar, Wait for a Breakout
Manage Your Risk as per your capacity
Cons of Breakout Trade here: You might miss the stock, as it gives huge swings and the risk-reward wouldn't be favorable by then.
Trade at your own risk
positionalcall
Supply and Demand
Support and Resistance
tasty_bite
TASTYBITE
tastybiteanalysis
tastybitelong
tastybites
tastybiteslong
tastytrade
tradingview
Trend Analysis
manuagarwal21
Theo dõi
Theo dõi
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong
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