Multiple Breakouts in Uptrend
In this Birla Corp. stock we have witnessed multiple breakouts in bullish trend for almost now a year.
This trend line is now a major support.
These are the multiple points where an investor or trader can take entry
and can efficiently plan a strategy and do money management.
And price action makes analysis simple and easy to understand and is least complicated.
The more simplistic the analysis is for yourself and more effectively and efficiently one can take actions in entry point for investment decision or trading position.
And the money flow index helps me to understand the strength in breakouts and breakdowns and volumes too.
This post is for to show you how without making things complicated you can analyze and earn money.
But remember just seeing breakouts/breakdowns one should not enter.
Multiple confirmation are must, like candlestick patterns, fibo retracement, price action patterns, etc.
This post is for information purpose only.
This trend line is now a major support.
These are the multiple points where an investor or trader can take entry
and can efficiently plan a strategy and do money management.
And price action makes analysis simple and easy to understand and is least complicated.
The more simplistic the analysis is for yourself and more effectively and efficiently one can take actions in entry point for investment decision or trading position.
And the money flow index helps me to understand the strength in breakouts and breakdowns and volumes too.
This post is for to show you how without making things complicated you can analyze and earn money.
But remember just seeing breakouts/breakdowns one should not enter.
Multiple confirmation are must, like candlestick patterns, fibo retracement, price action patterns, etc.
This post is for information purpose only.
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