OrientTech Short Term Trade
There has been increasing bullish strength in the stock since the last two months, exhibiting higher highs and higher lows,
Currently, a small rising parallel channel is visible in the stock,
Breakout has occurred , through the resistance line of the channel, coupled with higher than average volume and atr
After breakout it has taken support at that level, thus, resistance turned into support
Thus, there is a short term trade,
tgt 598, sl 519
Currently, a small rising parallel channel is visible in the stock,
Breakout has occurred , through the resistance line of the channel, coupled with higher than average volume and atr
After breakout it has taken support at that level, thus, resistance turned into support
Thus, there is a short term trade,
tgt 598, sl 519
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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.