The price has broken out of the resistance level with strong consolidation and huge volume
The RSI is above 60 which shows bullishness
The rounding bottom pattern has been retested
This is for educational purposes, based on your own money management decide to enter or not.
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As the stock moved aggressively, we didn't get the buying opportunity yet. Wait for the correction and enter for a better R:R. I have not yet entered, waiting for the correction.
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Price retested the support. We expected it to come around the 395 range but it reversed at 400. In the stock market, we can't expect the exact levels. Anyway, Trade is on.
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Expecting another 100 points from here
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WOW! See the move. One more leg of upward movement is on the way.