RiderTrader

CUB - 4HR chart. Breaking out

Long
NSE:CUB   CITY UNION BANK
Another breakout stock in Bank?
Very good volume.
closed above 100 day high
Took strong support at 9 EMA with volume.
RSI and Stochastic good as per rules.
ATR is low.
185 to 200 looks possible.

140 to 150 and 120 levels were held always last few months.

Posting a 4 HR time frame chart to show candle and volume last 2 hours.
Very Strong.
So on Monday can expect good trend to continue. (31st August 2020)

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