ALLCARGO LOGISTICS : Pole and Flag breakout with volume
The stock analysed in multiple timeframes and parameter.
Pole & Flag : 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.
Channel Pattern : the price was moving upward and in parallel channel, and supply zone did not sustain the demand & resistance broken with unparalleled volume.
EMA & Volume : 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.
Pole & Flag : 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.
Channel Pattern : the price was moving upward and in parallel channel, and supply zone did not sustain the demand & resistance broken with unparalleled volume.
EMA & Volume : 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.