The stock has been trading in the range for the past 19 weeks with low volume.
Before the range breakout, we can see volume again building up & the stock formed a weekly bullish engulfing candle with above-average volume.
Stock Brokeout of range with the highest volume in prior 19 weeks.
(Stop Loss) Point of High Confluence Weekly 10MA & 40 MA are perfectly aligned with the weekly low of the current candle giving a low-risk entry.
Before the range breakout, we can see volume again building up & the stock formed a weekly bullish engulfing candle with above-average volume.
Stock Brokeout of range with the highest volume in prior 19 weeks.
(Stop Loss) Point of High Confluence Weekly 10MA & 40 MA are perfectly aligned with the weekly low of the current candle giving a low-risk entry.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.