Simple Range break. New swing high expected soon.
Ready for range break on daily.
Smaller candles: Contraction Phase. ( Sideways move )
Big Candles : Expansion phase. ( Trendy move )
Expect a breakout soon.
Looking at risk, Breakout trade can be attempted.
Simple swing high swing low method based on price movement.
No need of indicators, etc.
Stop loss 825
keep an eye on 920 levels. As soon as stars to trade above it expect a good move
Because stock is trading above 20 SMA on weekly basis.
Before any breakout most of the cases 20 SMA is tested.