Stage-1 : Accumulation Volume is rising remarkably from last 3-4 days. This late accumulation near breakout tells us that It will be accumulated more. So It may perform as a short trend upto 50% (592.95) of the swing started at ATH swing high to recent swing low.
Stage-2 : It is started when price has crossed 480.5 and looking for a retest.
The Idea will fail if last 4 days accumulation erase dramatically.
Stage-2 : It is started when price has crossed 480.5 and looking for a retest.
The Idea will fail if last 4 days accumulation erase dramatically.
Note
Such an agressive accumulation drive is going on by Institutions. No hurdle seems critical for them right now. The price is just Flowing. It means they are getting this stock for a best value to hold for next 2 years and targetting multifold returns from this price.
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.
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.