Dont even need explanation. Classic bookish pattern for C&H.
2 possibilities are handle forms or stock breaks and retest. Target is 435-253+435.
2 possibilities are handle forms or stock breaks and retest. Target is 435-253+435.
Trade active:
Handle formed here but not your textbook stuff and the stock has broken out on lower volumes.
2 possibilites from here, one is it continues its journey and volume comes in or it retest's the breakout level that is 437.
close above 464 on weekly charts is good on short term indicator
2 possibilites from here, one is it continues its journey and volume comes in or it retest's the breakout level that is 437.
close above 464 on weekly charts is good on short term indicator
Trade active:
amazing rally it has been in weak markets, expecting some halt around 500 levels
Trade active:
Exceptional movement here. Ideally should exit 40% quantity with sl at 499 on closing.