CONCORD BIOTECH (1D TF) - Swing Trade Analysis given on 25th Feb, 2024
Pattern: RECTANGLE BOX
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #CONCORDBIOTECH #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
Pattern: RECTANGLE BOX
- Volume buildup at Resistance - Done ✓
- Resistance Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #CONCORDBIOTECH #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia
Trade active
CONCORD BIOTECH Update (as of 10th March, 2024)✓ 6% in 8 Trading Sessions
- Stock retested the demand zone for an entry
- However, due to marke conditions the stock retraced a bit but did not hit our SL which was at the bottom of our rectangle box
- Strong pullback candle of 10% from the bottom
- Volume spikes initiated
- TSL is On
#concordbiotech
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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.