Rane Engine : Momentum Stock#Raneengine #threewhitesoldiers #fairvaluegap #momentumpick #trendingstock #Swingtrade
Rane Engine : Momentum Trade
>>TWS & FVG Visible
>> Bounce back form FVG Visible
>> Trending Setup
>> Good Strength & Volume Expansion soon
>> Potential of more than 20% upside
Swing Traders can lock profit at 10% and keep Trailing.
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Disclaimer : Stock Charts shared are for Learning Purpose and not a Buy or Sell Recommendations.
RANEENGINE trade ideas
RANE ENGINES : Getting Ready for a breakout ?Study of the daily and hourly charts of Rane Enegines brings in a sharp similarity. Both are showing consolidations with a triangle formation extending beyound 75% of the base, indicating its ripe for a breakout. The blue resistance line also is a resistance on the daily charts. (Not sure how to show both timeframes in the same post)
The stock should either breakout to make new highs and resume its northward jorney or get into a more serious consolidation/correction in a couple of sessions.
Certainly worth watching out!