Trying to break 2 year resistance

ที่อัปเดต:
I am watching PARAS from few weeks.

Price is moving higher compared to past months and also trying to break 2 year resistance
but failed to break resistance last week, SL hit , did not trade only watching.

Volumes did not come yet.

Two scenarios can play for price up.
1. Either some Institutions have to buy
2. 3 year lock-in ends in 2024, pre IPO investors might be trying to take it higher and sell during the lock-in date.

If price breaks higher then immediate resistance is at 832.

We do not have to trade every chart , watch how the price moves and make notes. Use this knowledge for similar setups in future.
บันทึก
PARAS hit immediate resistance 832 , made 838 and fall back to 799.
Hopefully this sustains and moves +vely with volumes. It should reach 875 and above if volumes comes. Did not trade in this today.
Beyond Technical AnalysisTrend Analysis

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