If price breakout from previous resistance and come for a retest, and then it doesn’t take support there and falls down.
What should we do in that scenario?
Hi @Mahendar_Kumar ,
So ideally if the stock’s trend is not working out as per your expectations, we can look for other alternatives. There are about 700 stocks in which you can invest . Marrying a stock or a trade setup is the first and common mistake people do .
Happy trading
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Always wait for confirmation candle that breaks the neckline after retest… Yes, you may get the stock more expensive but it will be in the right direction!
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