Hello Traders!
STCORP trading above all the moving averages plotted in the chart. So stock is super bullish and in the momentum. Volume is also supporting the momentum. As the target is huge (500%) ,we can catch it at cmp with proper position sizing and considering the 6 ma as our STOPLOSS. If any weekly candle closes below the green line we'll exit.
NOTE : If there's any questions regarding this trade, don't hesitate to comment.
DISCLAIMER : This analysis is only for sharing idea and not our trading recommendations.
STCORP trading above all the moving averages plotted in the chart. So stock is super bullish and in the momentum. Volume is also supporting the momentum. As the target is huge (500%) ,we can catch it at cmp with proper position sizing and considering the 6 ma as our STOPLOSS. If any weekly candle closes below the green line we'll exit.
NOTE : If there's any questions regarding this trade, don't hesitate to comment.
DISCLAIMER : This analysis is only for sharing idea and not our trading recommendations.
As you can see STCORP is up by 63% from our entry. Chart is going good and I hope you're enjoying the trade. keep your target at 100% in your system and ride the rest 50% of your total position.