Descending Triangle Breakout (d)
Updated
Descending Triangle Breakout
Low Volume Nodes create Support and Resistance
High Volume Node acts as consolidation area and as a possible breakout point
MACD indicates a bullish trend coming next and supports the breakout scenario
Low Volume Nodes create Support and Resistance
High Volume Node acts as consolidation area and as a possible breakout point
MACD indicates a bullish trend coming next and supports the breakout scenario
Note
Still holding, target price is 12.04
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