Rain Industries Beautiful Rounding Bottom Formation Breakout
Rain industries has formed a perfect textbook rounding bottom formation. This looks like a reversal . Not only price but volume has also supported with rounding formation.
The history of the chart says that when this stock comes in momentum the rally extends. If it retests its level it would be a perfect buying opportunity. That being said stocks sometimes don't wait so buying at this price with small quantity is preferable.
The history of the chart says that when this stock comes in momentum the rally extends. If it retests its level it would be a perfect buying opportunity. That being said stocks sometimes don't wait so buying at this price with small quantity is preferable.
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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.