reasons:-
1)bullish symetrical triangle breakout
2)high volume during breakout
3)price above all major moving averages
price need to cross 500 level to continue its upmove.
1)bullish symetrical triangle breakout
2)high volume during breakout
3)price above all major moving averages
price need to cross 500 level to continue its upmove.
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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.