Jyothi Lab: Rounding Bottom breakout after an year's resistance Reasons for being bullish on Jyothi Lab:
Rounding bottom breakout. The bottom is created over last one year.
The same level is tested this time thrice, since last one year. So long term resistance level breakout.
Friday's candle is a clear Bullish Tweezer Top (Thursday & Friday candles lows are same, polarity opposite).
Friday's candle totally engulfs the Thursday's bearish candle.
