Stock in radar #7
https://www.tradingview.com/x/Z0FpPBZU/
The stock is on the resistance level of multi-year of breakout since 2018.
In the first rounding, the downfall was a clear shake-out of Covid. In the second rounding, the volume was dried up in the accumulation phase. In the second rounding, the volume was year's high. Year's high volume rises the probability of a strong breakout. The RSI came down from bullish zone and again crossed the resistance of 60 and came in bullish zone. Keep on radar for future trading.
The stock is on the resistance level of multi-year of breakout since 2018.
In the first rounding, the downfall was a clear shake-out of Covid. In the second rounding, the volume was dried up in the accumulation phase. In the second rounding, the volume was year's high. Year's high volume rises the probability of a strong breakout. The RSI came down from bullish zone and again crossed the resistance of 60 and came in bullish zone. Keep on radar for future trading.
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