This stock is featuring for the first time on our TradingView blogs.
Current setup: Price has just broken out of consolidation which lasted for several months.
Conclusion: We need to see price remain above the consolidation zone to make sure this is not a fake breakout. We will wait for the next breakout before looking for a trading opportunity.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
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.