After a good uptrend followed by a tough downward pressure, the overall structure seems to have started improving.
The tough downward pressure in the foregone period saw lower highs and lower bottoms, but when it was declining the bottoms weren’t falling as much as the tops had been falling. This is a good sign, and the making of a strong base before a good...
The stock has successfully passed the resistance region it faced in sept-oct 2021.
The price has started rising above the 20 and 50 SMA, with good volumes.
OBSERVATIONS SINCE 2018 indicate that
Each time the stock is going up, with consolidation stoppages of around 30 to 120 days, and then when it is able to cross the previous resistance levels (often after a...
