Today, we dive into a practical example with LTFOODS, examining its current position within a demand zone & fundamentals.
Understanding the Basics: What is a Demand Zone?
A demand zone, often seen in charts as a Rally Base Rally (RBR) sequence, is where the price has rallied, found stability, and rallied again. It indicates strong buying interest at lower...
LTFOODS - Breakout and retest completed on a weekly timeframe. The stock has been in an upward trend and has excellent fundamentals. There is an immediate upside of 20% potential.