SO there is many change in character in the zone
firstly it moved upward and from the high of 196 the stock fell
it came near 180 to get some liquidity and then it it consolidated for a while
Then it gave a breakout, touched the level of 193 and later on again came to retest the level of 187.
After the breakout, it again came down to the level of 188. Then it gave us a trade rally of 5%.'
firstly it moved upward and from the high of 196 the stock fell
it came near 180 to get some liquidity and then it it consolidated for a while
Then it gave a breakout, touched the level of 193 and later on again came to retest the level of 187.
After the breakout, it again came down to the level of 188. Then it gave us a trade rally of 5%.'
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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.