Good morning all! On this stock as you see on the chart we are in a situation of bearish channel, here the resistance line is very important than the support line; So we will have a big probability of an uptrend if we have :
- Breakout of the resistance line with force by a big candle with a large volume,
-Breakout of the vwap indicator with force by a big candle with a large volume also.
We will wait the confirmation of these two elements before buying. It is the market that tells when to enter and when to exit. thanks.one love.
- Breakout of the resistance line with force by a big candle with a large volume,
-Breakout of the vwap indicator with force by a big candle with a large volume also.
We will wait the confirmation of these two elements before buying. It is the market that tells when to enter and when to exit. thanks.one love.