if you notice in last upside move, bears were weak with narrow spread. and bulls were strong then bears (notice volume) when such kind of move happen near resistance ( you can always look for intraday trade also which gives you big gain in day trade) always breaks with wide spread. today close above mentioned resistance with vol then can be taken postional.
Note
stock 6 % up and paused and again broke flag pattern ,add moreNote
13.5% up overallNote
almost 36% return so far, seems like stock may reverse but in other hand market is bullish(and stock is also making higher lows which shows no weakness) , on chart price is making divergence with RSI and making spinning top and dojis and kind of uppers wick which shows sellers pressure .and volumes also decreasing , so keep eyes on it bcoz currently it is in indecision mode
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.