Price broke daily and weekly key level, and has formed support on weekly. On lower tf is has arrived at TL.
Very clean and simple setup. We have a range from 70 to 145. Every time price has established base around 67-70 region it has tapped into 145 region, and good thing is the up moves from 70 region are very quick and sharp (refer highlighted region with green rectangles). Another confluence we have is a weekly TL. This is a very good risk reward setup, just wait...
Every time price closing above this key level, it has zoomed! May get similar moves in future.
Multiple taps on Monthly, Weekly and Daily. Resistance at ATH level. Waiting for it to hit new ground
Nice break of ATH and it is a strong resistance on daily too.
I really like how this is setting up. Waiting for break to add positions, I already have positions from 80 and 128 levels. If it breaks below 115 I will close my existing positions.
Price is resting at a very key monthly level. Previous push was from this same level. Strong fundamentals. On lower time frames (W/D) price is consolidating, may from a strong base and continue up In such cases stops are going to be very tight as price is ranging. I already have a position and it is drawdown #riskybet
I like how this is setting up. Clean breakout on weekly and strong monthly candle close above resistance Fundamentally stable.
Price is at very important level. Waiting for it to break trend line and react to key level. #riskybet
Price has reacted to weekly key level. nice pop up on weekly and daily. #riskybet
This particular trade is for long term (15 weeks at least). May or may not close at stoploss Price is at a very strong level, expecting a nice push of at least 50-60% Overall this stock has strong fundamentals.
RETEST OF MONTHLY BROKEN RESISTANCE LONG TERM TREND-LINE BREAK