Clean Science and Technology, a prominent player in the specialty chemicals sector, is exhibiting strong technical signals that suggest a potential swing trading opportunity.
Reasons are listed below :
1550-1600 Resistance Zone Broken: The price has successfully broken through the 1550-1600 resistance zone, indicating strong bullish momentum and potential for further upside.
Break of 1.5+ Year Consolidation: The stock has broken out of a prolonged consolidation phase of over 1.5 years, signaling a new bullish trend and increased investor interest.
50 EMA Support on Weekly Timeframe: The stock is finding solid support at the 50-week exponential moving average, reinforcing the overall bullish sentiment and providing a reliable support level.
Volume Spike: A noticeable increase in trading volumes confirms the strength of the price move, indicating strong investor interest and participation in the current trend.
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@visionary.growth.insights
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we can accumulate at this level
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you can add up some positions here
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price broke out and is now retracing back to major support level, accumulate
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