TradingView
ParamjitMahapatro
Aug 24, 2017 12:55 PM

aptech looks bullish in medium term Long

APTECH LTDNSE

Description

in weekly, aptech has a round bottom with high volume and closed above the neckline.

tgt1 - 440 tgt2 - 500 (pattern tgt).

Trade active

in weekly, doji formed completely outside of bb. so it should touch upper bb before resuming its uptrend.

Trade active

Price is consolidating now in a horizontal channel, also BB is squeezing, Breakout is expected after the squeeze.

Comment

channel consolidation broken, lower bb is moving downward.

Comment

indicating short term bearishness

Trade active

it is gaining strength, closed at 328.25.

Trade active

price broke out of overhead resistance with good volume, BB is expanding, it is gaining strength

Trade active

BB squeeze, then breakout with price closing above upper BB with high volume, BB is now trending up, sign of bullishness

More