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rabhay

Strong Breakout - Continue the previous trend

Long
ACTION CONSTRUCT (NSE:ACE)  
rabhay Updated   
NSE:ACE   ACTION CONSTRUCT
Pivot Points Candlestick Analysis Rectangle sidewaysbreakout uptrend
4
0
pivotpoints candlestick rectangle sidewaysbreakout uptrend
Breakout with strong volume -
1. 5 mo uptrend
2. Flag breakout awaited
3. Sideways for more than 2 mo
4. Falling volume during sideways - accumulation
5. Respects 50 DMA for support
Comment:
1. 5 mo prior uptrend
2. Flag breakout on 3rd Jan
3. Sideways for more than 2 mo
4. Falling volume during sideways - accumulation
5. Respects 50 DMA for support
Trade active
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