Beautiful Contractions at 50 DMA. Good Prior Uptrend, Rising RS over the last year. Sector is coming out of base as well. Look at the Price Volume action - lower volumes at every down move.
Trade active
Bullish engulfing candle coming in today, favourable sector. Will move slowly but steadily higherNote
Strong move since the bullish engulfing candle came into play. Stock is now in ATH territory, stay in the trade till the trend lasts. 1150 is now your SL
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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.