ULTRACEMCO, Breakout, Pullback & Continuation
ULTRACEMCO has given good bullish closing on Friday. It broke from yellow TL few weeks back but never made any good movement. Now it has done pullback to TL and bouncing back. 3650-3674 is resistance area for this stock as highlighted in blue, if it sustain above 3670 - 3675, then can give good move on Tuesday.
If market turns out strong on Tuesday then it will one of the high probable trade.
Price action is very simple to understand and main focus is price/patterns. Keep your chart clean and free from indicators, follow same process daily to get good results.
If you wish to learn simple price action trading process (strategy seekers kindly excuse), kindly reach out.
Request your support by liking/commenting on ideas submitted.
If market turns out strong on Tuesday then it will one of the high probable trade.
Price action is very simple to understand and main focus is price/patterns. Keep your chart clean and free from indicators, follow same process daily to get good results.
If you wish to learn simple price action trading process (strategy seekers kindly excuse), kindly reach out.
Request your support by liking/commenting on ideas submitted.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。