Analysis: Channel+ Multiyear Resistance+ Volume Surge+ Candle
The chart explained uptrend, channel, higher high & lower low, support & resistance, volume and candle pattern.
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 around resistance breakout for long trade, avoid short trade.
Disclaimer : Analysis for educational purpose only
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 around resistance breakout for long trade, avoid short trade.
Disclaimer : Analysis for educational purpose only
Disclaimer
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