Price is making a base near ATH Price is being followed by 20 EMA, showing momentum Volume dry-up
Stock is basing very nicely near ATH and looks ready to move out of Stage 1 Price is showing really good momentum Needs contraction on Daily TF to execute an Entry
Price is trading over 20 EMA Pullback stage is over Really good price action
Stock is creating a nice base at highs. It has given a 10/1 split, recently. Volume is drying up nicely Price is being followed by 20 EMA
Stock is trying to come out of a base. Really good price contraction at the previous swing highs Price is being followed by the 20 EMA, showing momentum Problems: No volume dry-up Overhead supply
TARC broke out of Stage 1 and gave an entry by creating a base supported by 20 EMA (showing momentum in the price) before entering in the stage 2. This was also supported by the sectoral strength in the Realty sector.
SOLARINDS is creating a base at ATH, price is being followed by 20 EMA and volume dry up is pretty nice, It needs to create a third leg to create a perfect VCP or contract near highs at lower TF to execute an entry.
EMUDHRA is creating a nice base at all time highs and might breakout of it soon. The base that has been created has a volume compression as well.
It shows the way stock price made a base at the all time highs and finally broke out of it and created another little base before entering the stage 2.
The price made a base at all time highs thus completing the stage 1 and finally broke out of it to begin the stage 2.