Bullish Breakout SetupSONACOMS (5.95%)
Bullish Setup Alert
We are seeing a strong bullish signal for SONACOMS, with multiple key indicators aligning for a potential breakout. A Bullish Marubozu candlestick has formed, indicating strong bullish momentum. Additionally, the RSI has broken out, signaling increasing buying strength. The SuperTrend and VWAP both confirm bullish sentiment, while the TTM Squeeze suggests a volatility breakout in the making.
Resistance Levels: 488-497-515
Support Levels: 461-444-434
Entry: @/above 479.85
Stop Loss: @/below 448.30
Volume Analysis: Volume has been robust, which could suggest accumulation and increased market interest.