GSPL: DOUBLE BOTTOM REVERSAL PLAY!
⚡️Price Analysis:
1️⃣ Classic double bottom formation suggesting trend reversal
2️⃣ Strong bounce from EMA confluence zone with volume confirmation
3️⃣ Price trading within key demand zone .
✨ Key Observations:
➡️ Strong Dz providing multiple support levels
➡️ Higher lows forming near support - accumulation signal
➡️ Volume spikes align with price reversals
➡️ Trendline breakout could trigger fresh upside momentum
➡️ Clean risk-reward setup at current levels
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 How's your view on Gas utility stocks? Share below! ✌️🔥 Happy Trading!✅🚀
1️⃣ Classic double bottom formation suggesting trend reversal
2️⃣ Strong bounce from EMA confluence zone with volume confirmation
3️⃣ Price trading within key demand zone .
✨ Key Observations:
➡️ Strong Dz providing multiple support levels
➡️ Higher lows forming near support - accumulation signal
➡️ Volume spikes align with price reversals
➡️ Trendline breakout could trigger fresh upside momentum
➡️ Clean risk-reward setup at current levels
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 How's your view on Gas utility stocks? Share below! ✌️🔥 Happy Trading!✅🚀
Anubrata Ray ⚡
Related publications
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.