ICEMAKE - Flag breakout
Updated
Ice Make Refrigeration ltd showing strong development.
TIME FRAME - WEEKLY
Observations -
1. Year 2018 to August 2022 - big 4.5 Years Consolidate Zones Breakout with Volume.
2.Consolidate Breakout Monthly 🕯 was very Strong.
3. Weekly time frame - Flag Breakout already Done
4. Now near one Support at 240 [WCB]
POSITIVE DEVELOPMENT :
1. Rising trends Indicate: Company experiences positive development & interest among investors is increasing.
2. Volume balance is also very positive, which strengthens the trend.
3. the stock is positive for long term & incase of a down journey than the stock have big Support near at 108 124 Zone.
NOTE : Volume hides In above chart.
Only EDUCATIONAL View -
TIME FRAME - WEEKLY
Observations -
1. Year 2018 to August 2022 - big 4.5 Years Consolidate Zones Breakout with Volume.
2.Consolidate Breakout Monthly 🕯 was very Strong.
3. Weekly time frame - Flag Breakout already Done
4. Now near one Support at 240 [WCB]
POSITIVE DEVELOPMENT :
1. Rising trends Indicate: Company experiences positive development & interest among investors is increasing.
2. Volume balance is also very positive, which strengthens the trend.
3. the stock is positive for long term & incase of a down journey than the stock have big Support near at 108 124 Zone.
NOTE : Volume hides In above chart.
Only EDUCATIONAL View -
Trade closed: target reached
already hit 2 times upper circuit still we can big upside move in upcoming daysNote
ICEMAKE make high 513+++Note
ROI 60% awesome returns.
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