JK Tyre: A Wyckoff Spring in Intra, Long-Term Bullish
Price seems to have completed a Wyckoff Spring in the hourly time frame. The stock is in a uptrend in the daily time frame. A breakout past the recent high of 185 would be a positive outcome and strengthen the case for the Wyckoff Spring argument. The occurrence of this Spring at the "Breakout-Retest" zone in the weekly & monthly time frame strengthens the bullish case bias.
This stock is in my watchlist and I might consider buying it tomorrow.
This stock is in my watchlist and I might consider buying it tomorrow.
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