Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed ...
Am watching this stock with interest. A good strong green wide ranged candle with above-normal volume is what I am waiting for. A breakout and pull back or retest of the upper end of the range is the ideal or preferred course of action. Interesting price thus far, today. Let's see how this stock shapes up. Looks very promising.
Break Out Retest.
At Support Zone.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.