There is lot of twists herein:
By the looking left to right, while breaking out the price Congestion we have seen Invalid breakout in price. That why price suddenly fall.
Bullish forget of 3 candles was completely perfect but, again we have seen valid heavy volume candle ...! Something is cooking in this stock.
Let look more closer to the 4hrs chart.
Very interesting:-
War begins between buyers and sellers:
Support has been already taken and price tries to move toward the control price.
By the looking left to right, while breaking out the price Congestion we have seen Invalid breakout in price. That why price suddenly fall.
Bullish forget of 3 candles was completely perfect but, again we have seen valid heavy volume candle ...! Something is cooking in this stock.
Let look more closer to the 4hrs chart.
- Who is selling?
- Why selling?
- Insider created fake break-up?
- Investors will wait for new New low...!
War begins between buyers and sellers: