MSC INDUSTRIAL DIRECT CO now is in BUY Situation Daily
Hey tradingview community, MSC INDUSTRIAL DIRECT CO is in a bullish configuration with a sort of marubozu with two equal shadows and an explosion in executed buy volume. Looking at the TIMEFRAME M1 we see a tombstone with a continuation of the purchase volume traded, it has come to test the top of the comfort zone to make a fake pull back to reintegrate come to the last low point to fill a bullish breakout gap and go back to check the top of the area after swallowing.
There is a chance of breaking out the price with a momentum and then the zone to arrive in another and interfere on the top that follows. With a test of a compression zone on the top of the neckline for succession of resistance and support before the breakout of a comfort zone.
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There is a chance of breaking out the price with a momentum and then the zone to arrive in another and interfere on the top that follows. With a test of a compression zone on the top of the neckline for succession of resistance and support before the breakout of a comfort zone.
Please LIKE & FOLLOW, thank you!