As you can see the chart is making a Descending Triangle clearly and given a clear breakout yesterday with a bullish candle so, as expected today the candles tried to retest and took support above it's demand zone also, the stock has made a bullish candle today with a tiny body and a long wick that means the buyers were aggressive today which is a good signal for buyers. Maybe we can see some more retests in this week. So, In this week if the candles are moving upward after a good retest so you can take your trade and keep your stoplosses according to that. So hold on and control your emotions.
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.