A sequence of consolidation patterns in a stock may imply that it is preparing for a noteworthy movement, and if it is trading above important moving averages, it may indicate a robust bullish trend. Furthermore, breaking through the recent all-time high level is a distinct indication of the stock's upward momentum.
Just look at the volume on the chart.
It is essential to trade with prudence and thoughtfully analyze your risk management plan before executing any trades. Wishing you a successful trading experience!
Just look at the volume on the chart.
It is essential to trade with prudence and thoughtfully analyze your risk management plan before executing any trades. Wishing you a successful trading experience!