Grange Resources - ASX Breakout and trending.

188
One of those stock on the ASX I have had my eye on for a few weeks now. With the initial breakout of the range in January 2019, we have see a pullback as the wick of the candle drove in the buy zone on medium but declining volume. Since that we have seen a steady trend starting with key bars printing followed by small pullbacks(see blue arrow). The Ichimoku lagging line stayed above the cloud indicating a trend on the higher time frames is still in play. A bargain at 0.265.

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.