Breaking out off our last high is the first sing of bullishness = Higher highs.
Breaking out of the sloping trend line is 2ed sing of a trough is already in place.
Breaking out of the sloping trend line is 2ed sing of a trough is already in place.
Note
We just witnessed a break out of 3 resistance in just one candle !!! + 50d MA !!!
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****** Past performance is no guarantee of future results***
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****** Past performance is no guarantee of future results***
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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.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.