Nestle moving in narrow range. forming Inside bars.
The dotted line is life high of nestle in April 20. Since then nestle didn't gave a proper sustainable close above that high.
Tried once to close above it but was easily rejected. Now that high is coinciding with the upper rang of the narrow range marked.
This major hurdle zone can be taken out with a sharp move.
if you observe closely the last 3 bars are the biggest, stock is moving in expansion phase. In this phase stocks give trendy moves & breakouts.
The dotted line is life high of nestle in April 20. Since then nestle didn't gave a proper sustainable close above that high.
Tried once to close above it but was easily rejected. Now that high is coinciding with the upper rang of the narrow range marked.
This major hurdle zone can be taken out with a sharp move.
if you observe closely the last 3 bars are the biggest, stock is moving in expansion phase. In this phase stocks give trendy moves & breakouts.
Dagangan ditutup: sasaran tercapai
Wind off longs by day end or trail SL.Nota
Superb Move18100 to 19500 🤟🏾
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.