After numerous rejections from the resistance, a breakout finally occurred. The price is above the 200-day moving average. Price is trending above its 20-day moving average. The breakout candle has proper volume, so it can't be called a fake breakout.
Resistance Breakout in KPITTECH
Trade closed: target reached
The target has been reached. You can hold it further or close it according to your wish.
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.