Multi Retest - COL-PAL
The stock has retested the breakout on three occasions. The third retest seems strong as also took the trendline support. Supply seems to be absorbed and stock seems ready for a swing.
I always try and post my stock analysis which offer good R:R. This is one of them. The resistance zone marked can be kept as a SL for gains upto previous swing.
I always try and post my stock analysis which offer good R:R. This is one of them. The resistance zone marked can be kept as a SL for gains upto previous swing.
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