Stocks in Radar #1

NESCO LTD: Monthly trend is bullish. The stock is in "Upward-sideways" trajectory. On the daily timeframe, it forms a ascending triangle pattern. The recent volume is highest volume in the year. Weekly RSI is above 70, which came down from bullish zone and again rising. It broke its resistance of 790 and closed above it. Its next resistance is 814 but chances are that it may go up because of no overhead supply. There are major volume spikes in the ascending triangle, which indicates accumulation. NESCO

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