Volume
Largest vol . buildupDaily time has the largest volume buildup in since its IPO.
Second largest volume buildup in the weekly timeframe.
Maintain long term view.
Price trading near its 52 week high range.
Defense sector in boom after election.
Caution - Small cap!!!!!!
NOTE: I do my analysis, do your analysis before trade.
breakout conformation twiceGood volume buildup in last couple of days.
First breakout- symmetrical triangle breakout with good volume.
Second conformation- recent ATH breakout with good volume.
RSI divergence in 1day timeframe- positive indication.
Wait for retest on trend line for conformation or breakout of current candle.
NOTE: I do my analysis, do yours before trade.
Mazdock, setting up again with other defence stocks. -Posted great results. Whole defence sector strong.
-Breakout from long base.
-After 4th July (Election result day) volatility bloodbath, recovered fast n filled that big red candle.
-Tightness
- Lots of white dots (5% move with 1M volume) suggests big institutions are behind the stocks, retailers cant create that much volume.
-Downtrendline tested 3 times.
Bullish Pennant Pattern Good volume buildup in daily and weekly timeframe.
Bullish pennant breakout with volume buildup.
Election result also has impact in this breakout. Let see whether the breakout sustains of not.
If the current candle high gets broken can give opportunity.
NOTE: I do my analysis do your before trade.
6 Year High Breakout Good Volume buildup in daily and weekly timeframe.
Price is making cup and handle pattern in daily, weekly and monthly timeframe.
Cup and handle pattern breakout with good volume wait for retest on the ATH trendline for conformation.
NOTE: I do my analysis, do your before trade.
ATH BreakoutDaily and weekly timeframe good volume buildup.
ATH breakout with good volume buildup.
Price has taken support on 200EMA multiple times.
Wait for the price for a pullback or retest on the ATH resistance zone for conformation.
NOTE: I do my analysis, do your before trade.
Small cap !!!!!!
ATH BreakoutDaily and weekly timeframe good volume buildup.
ATH breakout with good volume buildup.
Price has taken support on 200EMA multiple times.
Wait for the price for a pullback or retest on the ATH resistance zone for conformation.
NOTE: I do my analysis, do your before trade.
Small cap !!!!!!