We are witnessing a remarkable opportunity as GEECEE VENTURE makes an all-time high breakout. The price structure leading up to this breakout is quite compelling, adding to the appeal. However, it's crucial to exercise caution to avoid getting caught up in a potential fakeout.
Here are our criteria and steps for this trade:
Confirmation Close: We need...
After breaking the resistance (147-174) the stock seems now sustaining above it. It attempted several times in the past.
Volume contraction too was seen and now we can see decent volumes coming up past few weeks.
Now 184-194 levels shall act as a support and weekly close with follow up shall invalidate our view.
289 - 356 are the levels it can test over the...
#geecee #swingtrade #vcpbreakout #cupandhandle #momentumtrade
GEECEE Ventures :
>> Breakout done, retest happening
>> VCP / Cup & Handle breakout
>> Good Strength & Decent Volume
>> Low Risk & High Reward Trade
Swing Traders can lock 10% profit & keep trailling
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