Levels shown on the chart
Long on the retest
Stock at strong demand zone , narrow spread, with low volume reflects very less supply
Further price rejected the demand zone break, and came back strongly on increasing volume , indicating a shakeout of weak shorts
Views welcome
Long on the retest
Stock at strong demand zone , narrow spread, with low volume reflects very less supply
Further price rejected the demand zone break, and came back strongly on increasing volume , indicating a shakeout of weak shorts
Views welcome