Introduction:
Price trends do not usually reverse on a dime. uptrend and downtrend are typically separated by a transitional period or trading range, and trading range formation signal trading opportunities for traders.
The trading range separating rising and falling price trends discussed here
is a pattern known as a rectangle.
This post will cover these...
Last time i posted this stock on 13th of October and since then it kept me waiting for the right time.
I clearly mentioned it needs to halt before breaking out and that is what it did.
Previous Posted Chart for the reference :-
Waited for almost 20 days and then gave returns of 10% in a day.
This is what is important in trading Waiting for the right time....
