PARAS DEF AND SPCE TECH LPanjang
Paras Defence waiting for good volume
Always remember, Breakout and breakdown with low volume is of no use.
Yesterday I posted update on paras Defence.
It closed below previous day low and before that, it has given flag pattern breakout.
Both break out and breakdown happened with low volume. so strength was missing.
Today There's an inside candle formed on closing basis.
I am very bullish on paras defence in next 6 months, However waiting for a good correction till 1300 (+-20).
If it breaks today's inside candle in any direction with High volume, the it will be a good sign for trend ( up or down).
What should we learn here.
Longer the accumulation time, stronger will be the breakout.
Yesterday I posted update on paras Defence.
It closed below previous day low and before that, it has given flag pattern breakout.
Both break out and breakdown happened with low volume. so strength was missing.
Today There's an inside candle formed on closing basis.
I am very bullish on paras defence in next 6 months, However waiting for a good correction till 1300 (+-20).
If it breaks today's inside candle in any direction with High volume, the it will be a good sign for trend ( up or down).
What should we learn here.
Longer the accumulation time, stronger will be the breakout.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.