OrientTech Short Term Trade
There has been increasing bullish strength in the stock since the last two months, exhibiting higher highs and higher lows,
Currently, a small rising parallel channel is visible in the stock,
Breakout has occurred , through the resistance line of the channel, coupled with higher than average volume and atr
After breakout it has taken support at that level, thus, resistance turned into support
Thus, there is a short term trade,
tgt 598, sl 519
Currently, a small rising parallel channel is visible in the stock,
Breakout has occurred , through the resistance line of the channel, coupled with higher than average volume and atr
After breakout it has taken support at that level, thus, resistance turned into support
Thus, there is a short term trade,
tgt 598, sl 519
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