If you had check my earlier idea on this there was heavy buying just before the market closed indicating institutional buying. Since thn this stock is on a bull run. Thursday it gave a nice big green candle but it was immediately rejected by 200 ema acting as a dynamic resistance. Currently the price is in a channel and lets wait for it to break and close above the 200 ema. It may retest the 200 ema ones it break upwards and can resume it journey to the up trend. Till thn lets wait and watch this stock. Happy Trading :)
Hit Like & Follow
Hit Like & Follow
Note
It was a bull trap today it opened up higher but could not go higher or close above the 200 ema. Lets wait for a clear cut close above the 200 ema and wait for the buy signal.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.