Tasty Bite has formed a rising wedge pattern.
The price has reached the resistance level of previous high.
Also the weekly MACD-H has formed a bearish divergence
As the broader market is choppy, it's a big challenge to find outperforming stocks in such market conditions but still, I have tried to get a strong stock to trade.
Observations:
-> Bullish Heikin ashi pattern
-> RSI above 60 (Shows good strength)
-> Bullish MACD with increasing divergence
-> Healthy Channel ( Angle between 45*-30*)
-> Volume Profile: I have...
Tasty Bite Eatables Ltd. engages in the manufacture and marketing of food products. It sells prepared foods, ready-to-serve, intermediate food products, frozen formed foods, and sauces under the Tasty Bite brand. The company was founded by Meera Vasudevan on September 2, 1985 and is headquartered in Pune, India.
TASTYBITE
