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Uptrend + Channel Pattern + Multiyear Resistance + Volume Surge
NIPPON L I A M LTD
Uptrend + Channel Pattern + Multiyear Resistance + Volume Surge
By Indieconomic
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Sep 12, 2021
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Sep 12, 2021
Pros :
In continue uptrend with multiple support and resistance, volume surge observed as price reached EMA 21 level
Cons :
RSI indicating overbought zone in stock
Advice : Entry will be resistance breakout for long trade, avoid short term trade
Candlestick Analysis
Parallel Channel
Support and Resistance
Indieconomic
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