CONCORD BIOTECH - Swing Trade - 25th February #stocks

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

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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

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