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Strategy: Price-Volume Analysis
Re-look. Covered and traded earlier. Congrats students from private group who followed and profited earlier.
Bias: Bullish. After a gap up breakout of the consolidation zone 4 days ago, ELSOFT experienced pull back with diminished volume. After T3 pull back, share price is likely to find it support at 0.855.
Momentum is seemed to have recharged.
The strong resistance will be at the gap resistance that meant to be closed.
S: 0.855
R: 0.890, 0.915, 0.935
If you find this idea helpful, kindly leave us a like or comment! :)
Strategy: Price-Volume Analysis
Re-look. Covered and traded earlier. Congrats students from private group who followed and profited earlier.
Bias: Bullish. After a gap up breakout of the consolidation zone 4 days ago, ELSOFT experienced pull back with diminished volume. After T3 pull back, share price is likely to find it support at 0.855.
Momentum is seemed to have recharged.
The strong resistance will be at the gap resistance that meant to be closed.
S: 0.855
R: 0.890, 0.915, 0.935
If you find this idea helpful, kindly leave us a like or comment! :)
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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.
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.