After being in a downtrend and forming HH and HL for ~40 days. The stock broke out retested.
Can be bought with closing above 1124 for a target of 1204.
As the buying volume is low, a bullish candle with good volume will give the bias.
May trade in the zone before hitting the target.
Note: Educational purpose
Can be bought with closing above 1124 for a target of 1204.
As the buying volume is low, a bullish candle with good volume will give the bias.
May trade in the zone before hitting the target.
Note: Educational purpose
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