CIGNITITEC - Seems ready for the next impulsive move

Category: Continuation trade

Key Highlights:

1. Bullish market structure
2. Swing failure pattern
3. Bear trap at the previous swing low
4. Rebound from 200 MA
5. Good volumes
6. RSI getting support at 50

Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

Rajat Kumar Singh (johntradingwick)
NSE Certified Technical & Fundamental Analyst