Multi-Bagger 10X Candidate - AARTIDRUGS
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Observation:
Breach of 45-degree Trendline with RSI above 75. The stock has been in a confirmed downtrend for ~24 months.Currently, the price is trading near the 20-Column EMA which is our area of value.
Qualifies for 10X move
Entry Trigger: Bear-trap/Variation above 20 EMA
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hi sir. we have to wait for DTB for fresh entry?
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Already Qualified I think
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@Devang Patel Entry was triggered at bear-trap, however, the SL of the initial entry is triggered. We are waiting for the next bear-trap for entry now.
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So longer the consolidation more the effect right, because you are selecting the ones that have spent minimum 24 months
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@Pankil Lukkad Correct. That's one of the rule of strategy
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Hello Kaushik, Good to see new strategy from you, never miss your update on P&F tools. Is bear trap a mandate for these strategy.
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@Ilyas Shaikh Thanks. Yes, the bear-trap/variation is the entry trigger
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This post is deleted!
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@Kaushik-Akiwatkar Thank you for confirmation
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@Kaushik-Akiwatkar sir again if a DTB comes but RSI at that time is below 75 then will you take entry in that?
