rounding bottom formation , it may form cup and handle also ,
closing above 54.80 (with wide spread and volume) - positional
intraday- stock is on verge of breakout ,may give decent move.
closing above 54.80 (with wide spread and volume) - positional
intraday- stock is on verge of breakout ,may give decent move.
Note
8% intraday move , still available for positional. reason - round bottom pattern .Note
25% move in 9 days. still there is no weakness in stockNote
45% up overall in one and half month.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.