Stock can be taken for following reasons :
1) After a good selling climax. Stock has found support consolidated and broken to the upside indicating bullish momentum
2) Weekly and Daily structure are aligned and tester
3) 4HR entry timeframe is also bullish
1) After a good selling climax. Stock has found support consolidated and broken to the upside indicating bullish momentum
2) Weekly and Daily structure are aligned and tester
3) 4HR entry timeframe is also bullish