Break out with Gap! New resistance with volume. Probably will fill the gap.
Channel exit resulted into rejections with volumes. Might go back to lower end of channel. Good short position can be created!!
Previous resistance acting as support with good volume. Good long position, for short term!!
Good area to go long. Gap filling is pending too! But no volume support yet! Any bullish candle with volume can be sign to go long!!
Might fill the Gaps in the channel Case 1 : Short if small trendline breaks Case 2 : Short if resisted at channel upper line Case 3 : Resisted after filing previous gap
Moving between two trend lines, with Gap creation and Gap filling. Bullish candle with volume was already created, after which a gap up opening was there and the gap is filled. Upper gap filling is pending and so probably will go for that.
Stock is at one of the resistances (previous support) level, with signal + volume. Probably will retrace till 50% as it did previously. Target might be achieved in intraday too!