Stock has broken out of downward channel. Relative Strength has also given a breakout. A variation of 3 white soldiers on daily timeframe ( good volumes visible on hourly Timeframe) Overhead resistance is still present, so stock may go through some time and price consolidation.
Possible long trade in Updater Services limited Stock is comming out of Ipo base with cup and handle formation on weekly time frame. After breakout, stock has pulled back, making risk reward favourable. With entry around 390 and SL of 365 (end of day closing), a long trade can be taken. Disclaimer: This is not a recommendation. Please do your own...
Stock came out of downtrend with strong volume ( wall of green on weekly TF) Repeatedly flag like structure on daily timeframe. In all time high ground. Stock can be entered with SL of 730(wait for end of day closing for stoploss) With SL of around 6%, it presents a good trade with high probability of up move. Disclaimer : This is not a recommendation....
Multiple VCP contractions visible on hourly timeframe. Relative strength (stan weinstein) is also rising. This presents a low risk entry in the stock. Aggressive traders can enter right away with SL of 4650 (end of day closing) Conservative traders can enter with SL of 4480 (end of day closing) For those looking for more conformation, can wait till...