Stock formed a double bottom pattern.
A retest with dimnishing volumes are indication of lower supply which inturn confirms longs are resilient and won't let go the stock untill they gain what stock is going to offer in the coming future.
A buy order with a atleast 1Hr. candle close beyond friday's high shall be executed
SL-505
TG1- 566
TG2-595
TG3-645
Disclaimer- Education purpose only!
A retest with dimnishing volumes are indication of lower supply which inturn confirms longs are resilient and won't let go the stock untill they gain what stock is going to offer in the coming future.
A buy order with a atleast 1Hr. candle close beyond friday's high shall be executed
SL-505
TG1- 566
TG2-595
TG3-645
Disclaimer- Education purpose only!
Trade closed: target reached