PETRONET LNG LTDLong
Good weekly breakout with Strong Volumes.
Certainly! Here’s a concise explanation:
1. Price Breakout: The stock achieved a significant breakout on the weekly chart, surpassing previous resistance levels, indicating a strong bullish trend.
2. Volume Confirmation: This breakout was accompanied by a substantial increase in trading volumes, affirming the strength and sustainability of the upward movement.
1. Price Breakout: The stock achieved a significant breakout on the weekly chart, surpassing previous resistance levels, indicating a strong bullish trend.
2. Volume Confirmation: This breakout was accompanied by a substantial increase in trading volumes, affirming the strength and sustainability of the upward movement.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.