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Accumulation with narrow range
做多
Accumulation with narrow range
由varadtambolkar提供
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2022年2月2日
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2022年2月2日
Stock moving in narrow range.
Volumes have increase in last few sessions.
There is also pause in momentum.
(Check attached link for similar idea)
This shows we may see a good upside soon, breakout from narrow range.
Stock is holding at good supports, taking a breather after previous rally.
Check the location of narrow range
On monthly it has made new high.
support turned resistance.
Check image below
Keep a Stop loss at 107 on daily close basis.
Beyond Technical Analysis
narrowrange
rangebreakout
Trend Analysis
varadtambolkar
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