On the larger time frame what is visible is a VCP
Close to the multiyear resistance, a breakout here would mark the beginning of a fresh new trend. The fundamentals look decent too.
On the lower time frame a darvas box is being formed. Accumulation is taking place within the box. Time would decide when the breakout comes to light.
Close to the multiyear resistance, a breakout here would mark the beginning of a fresh new trend. The fundamentals look decent too.
On the lower time frame a darvas box is being formed. Accumulation is taking place within the box. Time would decide when the breakout comes to light.
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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.