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Snowman weekly breakout
SNOWMAN LOGISTICS LTD.
Long
Snowman weekly breakout
By Jrkautilya9
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Jan 8
1
Jan 8
Snowman logistics at 76.5 CMP
Broke 70 with good volumes and big bullish candle formed.
It took resistance last time it tested 70 odd levels. Today is up by more than 12%.
Next big resistance as per volume profile is 80-83 levels. I.e it made it 5-6 years ago.
That would be great if it also crosses those levels. Multiple year breakout for any stock plays pivotal role in future makeover.
Stock is looking good on weekly as well as daily basis or can say on medium long term.
Shall watchout for it
Disclaimer : only educational purpose no recommendation of buy/sell. Ask your advisor before investing
Chart Patterns
Technical Indicators
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Jrkautilya9
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