Yes BUT just to be conservative .. I'd wait for today's high to be taken out before entering and then taking today's OPEN as the SL or to be a bit aggressive y'days OPEN as the SL we can hold it.
Also note that there is pos div on the RSI i.e. no low on the indicator BUT price has moved down and add to that oversold on stoch AND Bottom BB pierce with red green.
Good identification Preethi
Also note that there is pos div on the RSI i.e. no low on the indicator BUT price has moved down and add to that oversold on stoch AND Bottom BB pierce with red green.
Good identification Preethi