There was an entry to go SHORT on MULLEN GROUP LTD’s stock. The Entry was at $21.16 and the Stop for the trade was $21.36. A risk of $0.20 per share. The target was set at $20.75 based on proprietary Ichimoku system. The target was achieved and the trade was closed, thus encashing in a profit of $0.41 per share. Risk to Reward ratio of 1 : 2.05 was achieved.
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