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  • #15887
    M Prem Rajan
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    Rank: Level 4

    The stock hit double bottom with high volume at the second resistance level. The target is set at 609, but had a rally and reached 620 levels the next day. I am not sure if in this scenario, it would have been wise to cash out at target or increment the SL and target iteratively.  I picked cashing out at target for this chart.

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