RAINBOW CHILDRENS MED#RAINBOW
The stock is trading above strong resistance.
We can see a breakout as volume is rising in the stock, support of 50MA in daily chart.
The ratio chart is also on breakout.
Rainbowchildren
RAINBOW CHILDRENS - Swing Trade Analysis - 5th MayRAINBOW CHILDRENS MEDICARE (1D TF) - Swing Trade Analysis given on 5th May, 2024
Pattern: CUP & HANDLE BREAKOUT
- Daily Resistance Breakout - Done ✓
- Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
