Multi-Bagger 10X Candidate - FSL
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Observation
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Breach of 45 degrees TL
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Turtle Breakout - Bullish marked @ point 2
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The ideal entry was Bear-trap which was missed as the stock came on my radar now.
Qualifies for 10X move
Entry Trigger: Bear-trap/Variation above 20 EMA
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Ideal entry price was @ 135 right which was missed. Now there is a bullish ABC formation in the 1% chart. So we can consider buying at DTB which is at 171.50 . Hope my understanding is right.
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Riding the same boat as you sir @Kaushik-Akiwatkar
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@Prasiddh Shroff Awesome
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This is fantastic strategy presented at DECMA2023 by Mr. Kaushik. Appreciate and thanks for sharing. Request clarification about exit strategy that low of bear trap is SL it means exit is nothing to do with 20 EMA or any other optional method.
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This post is deleted!
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@Aniket Pachore After move of 5X from the entry level, we can trail our SL to every bear-trap getting formed on the charts.
Yes, trailing SL has nothing to do with 20 Column EMA. We trail SL to bear-trap assuming it is a Mini-bottom.