ALLCARGO LOGISTICS LTD
Long

ALLCARGO LOGISTICS : Pole and Flag breakout with volume

151
The stock analysed in multiple timeframes and parameter.

Pole & Flag [W]: the inverse hammer candle follows with bullish candle, indicated the momentum in stock and today’s Pole and Flag breakout confirmed the bullishness in stock.

snapshot

Channel Pattern [2D]: the price was moving upward and in parallel channel, and supply zone did not sustain the demand & resistance broken with unparalleled volume.

snapshot

EMA & Volume [1D]: The point of convergence of EMA 20, 50 and EMA 200 with follow-up bullish candle with volume.

Thanks
-AJ

Disclaimer : The chart analysed for educational purpose only.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.