✅ The stock has finally broken out of its long-term resistance near 54-55 which has acted as a significant ceiling since its IPO. This level marks the upper boundary of its trading range for the past two years and the breakout is a strong signal for further upward movement.
✅ The breakout is accompanied by a surge in volume indicating strong buying interest. The high volume lends credibility to the breakout reducing the likelihood of a false breakout.
✅The RSI is currently at 72 entering the overbought territory. While this signals strong bullish momentum, traders should be cautious of potential short-term consolidation before the stock continues its upward movement.
✅ The breakout is accompanied by a surge in volume indicating strong buying interest. The high volume lends credibility to the breakout reducing the likelihood of a false breakout.
✅The RSI is currently at 72 entering the overbought territory. While this signals strong bullish momentum, traders should be cautious of potential short-term consolidation before the stock continues its upward movement.
交易结束：到达目标
More than 25% move in no time
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。