Multi-Bagger 10X Candidate - ROUTE

[Kaushik Akiwatkar-1691172624560]

Observation

1. Price trading below objective TL for nearly 24 months
2. Bear-trap at 1641
3. Breakout of TL above 75 RSI

Qualifies for 10X move

Entry Trigger: Bear-trap/Variation above 20 EMA

[agragunath@gmail.com]

@Kaushik Akiwatkar
Hi Koushik sir,
An objective TL can only can draw from an all-time high or any peak is okay..? for this strategy

[Kaushik Akiwatkar-1691172624560]

@RAGUNATH_AG From the all time high

[PrasiddhShroff]

One can read a detailed Funda-Techno Research Report on Route Mobile here:
https://insight.definedgesecurities.com/research/route-mobile-funda-techno-research/

[agragunath@gmail.com]

@Kaushik Akiwatkar

Thank you...

[ilyasshaikh@gmail.com]

@Kaushik-Akiwatkar just a query, does these qualify for Wave 3 pattern of Elliott Wave, as Wave 1 is completed with RSI 75, then retrace with Bear trap is Wave 2 and then the prices are moving up which is Wave3, I could be completely wrong.