Hikal - bottom likely formed - high RS
HIKAL- RS breakout from the previous consolidation.
- High RS (1.22)
- at fib 0.382
- Pharma Index getting strong
- R/R = 6
Trade closed: target reached
-- profit 4%-- high vol at AVWAP
-- exit. look for other better seups.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.