After breaking the all time high in July it rallied a bit and went into consolidation. So finally its out of the base of 24Weeks and range of 30% on good volumes. It has already crossed the first probable target. It is also above all its key moving averages.
640 levels shall now act as a good support and a weekly close with a follow through below this level...
#SWELECTES #swingtrade #vcppattern #inverseheadandshoulder #breakout #patterntrading
Swelect Energy System : Breakout Candidate
>> Low Risk High Reward Setup
>> Inverse H & S pattern / VCP Pattern
>> Good Strength & Decent Volume
Swing Traders can lock profits at 10% and keep Trailing
>> 2 SL given just in case of a shakeout move
Swing Traders can lock 10%...
