ICEMAKE - Flag breakout
Updated
Ice Make Refrigeration ltd showing strong development.
TIME FRAME - WEEKLY
Observations -
1. Year 2018 to August 2022 - big 4.5 Years Consolidate Zones Breakout with Volume.
2.Consolidate Breakout Monthly đź•Ż was very Strong.
3. Weekly time frame - Flag Breakout already Done
4. Now near one Support at 240 [WCB]
POSITIVE DEVELOPMENT :
1. Rising trends Indicate: Company experiences positive development & interest among investors is increasing.
2. Volume balance is also very positive, which strengthens the trend.
3. the stock is positive for long term & incase of a down journey than the stock have big Support near at 108 124 Zone.
NOTE : Volume hides In above chart.
Only EDUCATIONAL View -
TIME FRAME - WEEKLY
Observations -
1. Year 2018 to August 2022 - big 4.5 Years Consolidate Zones Breakout with Volume.
2.Consolidate Breakout Monthly đź•Ż was very Strong.
3. Weekly time frame - Flag Breakout already Done
4. Now near one Support at 240 [WCB]
POSITIVE DEVELOPMENT :
1. Rising trends Indicate: Company experiences positive development & interest among investors is increasing.
2. Volume balance is also very positive, which strengthens the trend.
3. the stock is positive for long term & incase of a down journey than the stock have big Support near at 108 124 Zone.
NOTE : Volume hides In above chart.
Only EDUCATIONAL View -
Trade closed: target reached
already hit 2 times upper circuit still we can big upside move in upcoming daysNote
ICEMAKE make high 513+++Note
ROI 60% awesome returns.
Related publications
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.