Aptech had given a strong weekly breakout and has risen since then. This week, it has formed a strong bearish Engulfing pattern with decent volume and is on the edge of breaking a trendline.
Also, The RSI is into highly overbought zone ! the way it has been consolidating at 151 can mean it will either break this level or show a good up-move. More bias being to bears.
Educational purpose only. Trade at your own risk !!
Also, The RSI is into highly overbought zone ! the way it has been consolidating at 151 can mean it will either break this level or show a good up-move. More bias being to bears.
Educational purpose only. Trade at your own risk !!