Stocks to Watchout

Reasons:
1. Multiple Patterns Breakout
2. Favorable Reward to risk
3. Trend Reversal observed

Investing Term: Swing

Entry: ~ 87
SL: ~ 80 (-8%)
Target: ~110 (+26%)
Reward to Risk - 3:1

Important to note:
1. Accumulate desired quantities of the stock in a phased manner
2. Calculate the Risk before finalizing the quantity (Total Amt at Risk/ Difference b/w Entry and SL)
3. Look for the follow-through candles for the confirmation
4. Keep a tight SL, (The impact of the Loss-making trades must be negligible compared to Profitable trades)
5. Trailing SL at different levels could be handy.

Disclaimer: Purely for Educational and Informational Purposes.
Chartbusters - chart - 17117020