INDIAN BANK
Long

Indian Bank close to breaking out (Again!)

114

  1. Displaying strong sales & earnings momentum
  2. Uptick in relative strength
  3. extreme contraction in volatility and volume while hovering near the top of prior base
  4. Already had a BO before election results from a 15wks/18% shallow flat base which had VCP characteristics
  5. experienced some correction during election results related volatility but recovered quickly

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