If there are a breakout with interesting volume of the low of canal, high probability to start a bearish trend,
we can see very interesting support identified with the forks price high and low. So this stocks have a great potential with an inovative project
Potential rebond on this forks of prices support (show in yellow)
and like its the end of compression zone thats confirm the strenght of this support, wait an interesting volume
We can see the fondamentals levels in correlation beetween the price and the volume, a big resistance and support identified since 2016, if there are a big wick with a big volume on the support show in yellow,
high probability to buy this stock
There is a nice solid trend line. Since June 2009, we can see a trading range which is well consolidated over time defining interesting market supports and resistances.
Finally on the candle of May 2020, we observe a nice rebound on the bottom of the Range,
constituting a potentially interesting level to buy in anticipation of a potential market rise.
Trading range identified since July 2018 with a nice breaking point on March 02, 2020.
Following the break out of Trading Range, we observe a nice downward trend, on the candle of June 8, 2020 there is an explosion on volumes.
What constitutes a potential buying opportunity on this market
