RALLIS - Bullish breakout
Bullish Pennant formed in the major Broadening structure .
At the Sell trendline of a broadening structure (Key support ) with multiple lower rejections .
Forming a double bottom (High probability reversal chart pattern )
Stock is currently trading in a zone ( Consolidation phase)
Volume seems to be increasing on the buy side , looking for a good volume breakout .
At the Sell trendline of a broadening structure (Key support ) with multiple lower rejections .
Forming a double bottom (High probability reversal chart pattern )
Stock is currently trading in a zone ( Consolidation phase)
Volume seems to be increasing on the buy side , looking for a good volume breakout .
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