Rebound Insight
Our Pivot: 383
Our Preference: Buy LUCK above 389 with strict stop loss of 383 and profit target at 410 with extension towards 415.
Alternate Scenario: Downward penetration of 383 will call for 377 and 365.
NOTE: LUCK is trading above a strong horizontal supportive region therefore it's expected that it would try to bounce back after posting a double bottom on daily chart.
Daily Chart with Supports & Resistances:
LUCK 14
Level | 1st | 2nd | 3rd | Supports | 393.03 | 386.54 | 377.09 | Resistances | 408.97 | 418.42 | 424.91 |
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