#ITC .. Flip is coming

2021年6月12日

ITC has been in an uptrend since last year.. It is now confirmed to be trading in a rising wedge formation in medium term and in a descending triangle formation in short term... Both have bearish connotations..
Volume oscillator also has downtrend..

200-205 levels have been extremely strong support in the past..but strong support also means strong resistance...

Look for a break below 200 level .. It would be a sign to close long position (or open short position)..

Only Educational, not a call.. Trade at your own risk..

2021年6月12日

註釋

when price breaks below 200 with volume.. that would be the indicator..