stock is showing quality buying from 950. and shows poor selling throughout rally. making all time high, above 200 MA, stock can be bought for positional. look tomorrow also for intraday move
flag formation , poor selling and quality buying breakout. volumes coming in , above 200 MA. bullish
stock has broken neckline of rounding bottom but volumes are not coming , enter if breaks high with volume .
if you notice in last upside move, bears were weak with narrow spread. and bulls were strong then bears (notice volume) when such kind of move happen near resistance ( you can always look for intraday trade also which gives you big gain in day trade) always breaks with wide spread. today close above mentioned resistance with vol then can be taken postional.
required strong closing above neckline to go positionally long
long can be taken above 980 with strong volume and wide spread.
stock is making rounding bottom, volume rising , may break the rounding bottom's neckline . and stock is near resistance also. it may break the resistance and can move in both intraday and positional long. buy above 41.92( closing basis) should close strong above the lvl for positional. for intraday - one can look for volumes also in short time frame.
if stays out of triangle with volume. can be taken postional.