stock was in downtrend and morning star was form which is ie green or blue it open gap down then it previous day low and on third day the candle open gap up this formation is called morning star. so the stop loss will be low of middle candle and entry will be when next candle open or break above first red candle high and target will be the distance between stop loss and entry above in 1:1 ratio or 2:1
heromotoco morning star
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Stock Analysis
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