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
The prices have hit a major resistance can be expected to go down.
TastyBites : Breaking out of double bottom and flat base.
very bearish pattern in stock avoid
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...
Educational Purpose .
If it crosses 1/1, fresh entry can be initiated for a target of 14750