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APJ02
Jul 20, 2021 5:00 PM

Breakout and then Pullback. Long

REDINGTON LTDNSE

Description

The stock gave a breakout after some consolidation. After making a new high, there was a pullback. The last candle is a dragonfly doji, which is a bullish reversal candle. We should wait for a confirmation candle and then take an entry. The volumes support is also good. Volumes are good when the stock is making higher high and volumes and low while pullback.
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