A probable candidate for breakout.
1. Strong lower price rejection with increasing volume.
2. Consolidating in a narrow price range just before the breakout.
3. Ascending triangle pattern.
4. price taken support from 50D SMA.
5. Favorable Risk return ratio.
2. Consolidating in a narrow price range just before the breakout.
3. Ascending triangle pattern.
4. price taken support from 50D SMA.
5. Favorable Risk return ratio.
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