Prestige Shows Bullish Momentum with Triangle Pattern Breakout
1. Triangle Pattern Breakout: Prestige has broken out of a triangle pattern, signaling a potential uptrend.
2. Volume and RSI Momentum: The breakout is accompanied by a rise in volume and strong momentum in RSI, indicating increasing buying interest and bullish sentiment.
3. Strong Closing: The stock has closed strongly, further supporting the bullish bias and suggesting potential for further upside.
4. ADX and MACD: ADX is rising, indicating a strengthening trend. MACD has likely experienced a bullish crossover, supporting the bullish move.
5. Higher Highs: Prestige is forming higher highs, indicating growing trader confidence and potential for further price appreciation.
2. Volume and RSI Momentum: The breakout is accompanied by a rise in volume and strong momentum in RSI, indicating increasing buying interest and bullish sentiment.
3. Strong Closing: The stock has closed strongly, further supporting the bullish bias and suggesting potential for further upside.
4. ADX and MACD: ADX is rising, indicating a strengthening trend. MACD has likely experienced a bullish crossover, supporting the bullish move.
5. Higher Highs: Prestige is forming higher highs, indicating growing trader confidence and potential for further price appreciation.
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More than 28% up after analysis shared here hope everyone made decent profit
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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.
Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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.