A BREAKOUT ABOVE THE RESISTANCE IS THE BEST POSITION TO GO LONG.
THE SELLING PRESSURE HAS BEEN ABSORBED WHICH WILL MAKE THE STOCK MOVE NORTH EASILY.
TARGET AS LONG AS THE TREND IS INTACT.
STOPLOSS WOULD BE BREAKOUT CANDLE LOW.
THE SELLING PRESSURE HAS BEEN ABSORBED WHICH WILL MAKE THE STOCK MOVE NORTH EASILY.
TARGET AS LONG AS THE TREND IS INTACT.
STOPLOSS WOULD BE BREAKOUT CANDLE LOW.