Stock is all time high with nice price action.
On Weekly chart - Price gave a break out and tested the same level
Price is trying to break the earlier high again with above average volume.
Keep a watch and follow your risk management rules strictly.
Can be a good potential buy.
Showing nice price action on Weekly and daily chart
Price gave a nice retracement from 61.8%
Going out of weekly zone and weekly resistance
daily price already above Key Moving averages - Weekly also trying to beat Moving averages.
Keep weekly Stop loss as per your risk management rules.
Happy Trading !!!
Weekly chart making a nice HH HL structure
Price taking a nice support
4 hr / Daily price passing above Key moving averages.
Keep watching with a strict stop loss as per your risk tolerance.
Happy Trading !!!!
GALAXYSURF showing good price action on 4 hr chart with more than average volume. Price trying to beat all 4 major EMAs after taking support of 68% Fib level. first target may be 2974 and 2nd may be 3100.
Use Stop loss as per your risk management rules.
Lets see the price action in coming weeks.