Price action based + Fundamental buy call ( GREAVESCOT ) **Education purpose
The stock price was under pressure for a long time, at the same time it maintained the lower range (Weekly closing chart). Parallely company was doing bad fundamentally.
Recently company has shown accumulation pattern on EMAs, Buying candles values, Rounding resistance smoothening. At the same time management has announced for margin expansion in upcoming quarter.
Strategy - Accumulate on every breakout (Or can wait for dip, but may missout on opportunity)
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