Lycos - Moving up with Increasing Volume

It is been observed that the price action is moving up in an uptrending channel along with increasing volume indicating a bullish move ahead. As it is general saying in the market that when a stock prices move up with the sync to volumes then it tends to give a bullish signal.

Target: 12
Stoploss: 8
Risk Reward: 1:2
Any further update on this Sir. Given that there is not much volume, so does it mean there are no buyers at lower levels..and it should move in the upward direction, but it doesnt seem to be gaining momentum.
+1 Reply
NeeteshJain VikasChhatwal
It has reached to the support levels as marked stoploss previously and now formed a Doji at that levels indicating change in direction. It shall move up from current price levels. I believe one can it with a stoploss of 7.95. Regards
VikasChhatwal NeeteshJain
Thank you Neetesh. Appreciate your advise.
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out