Selling Opportunity ahead in the security, If the security closes below 659 for 2 consecutive days we can expect selling pressure to come in the security, its subjective if or if not.

If the stock closes below the 659 level, the security will be trading below the EMA's. This in itself is a trading signal.

The stock has been correcting for the past 3 month, we might see some consolidation in the security, after consolidation we are expecting it to correct if correction is not seen to avoid selling the security.

Advice : Sell only if it closes below 659 levels for 2 consecutive day

Charter Communication

Nov 21 2021

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