We can see higher bottom(1094) followed by higher top(1260) accompanied with good volume of transaction. Stop loss is higher bottom (1094). Target is 1260 + (1260 – 1094) = 1426.
Dow Theory-Bullish-ABB
We can see higher bottom(1094) followed by higher top(1260) accompanied with good volume of transaction. Stop loss is higher bottom (1094). Target is 1260 + (1260 – 1094) = 1426.