Hey guys, HUBBELL is in a bullish
configuration with a sort of marubozu
with two legs at their ends and a strong volume
feedback performed. By zooming in on the TIMEFRAME M1
we notice a new explosion in the purchase volume
negotiated with a marubozu
which has retested the top of the equilibrium zone. There is a great chance of breaking the price with momentum and then the area to go in that of the top and come to the top after. With the test of the bollinger
high followed by the top of the bearish channel
possible rebound on resistance. Check how the underlying reacts to the point.
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