Description
⋅ This is Just for study purpose. Power Grid seems to be forming a descending triangle . Based on breakout, it can be a LONG position or SHORT position.
Comment
⋅ Doesnot seems to be a breakout. Lets observe
Comment
⋅ Strong support at 208. Let c if it breakouts for short.
Comment
⋅ It is a breakout and lets c if it reaches target 192.