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yolobitch

Indian Energy Exchange VCP

Long
INDIAN ENERGY EXCH (NSE:IEX)  
yolobitch Updated   
NSE:IEX   INDIAN ENERGY EXCH
Harmonic Patterns Chart Patterns Beyond Technical Analysis
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harmonicpatterns chartpattern beyondta
Indian Energy Exchange has come out of a volatility contraction pattern with 3 contractions over the period of almost 9 months.
The low volume on bounce back of close to 4% from resistance level on 31 August is implying very less supply and more demand.
snapshot
Comment:
Earnings have also been increasing for the past four quarters.
Not moving up due to the overall market correction.
Just my opinion.
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