Explosive Price Action in Premier Explosives – The Name Says It

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🧠 Key Technical Insights:
✅ Main Counter-Trendline (CT) Breakout:
A clean breakout above the white CT line with a strong, high-volume bullish candle. This confirms a reversal of the prior corrective structure.

✅ Hidden Resistance Cleared:
The breakout also pierced a WTF hidden line (dotted white), further validating momentum.

✅ SD Conversion Zone Flip:
The green zone highlights a supply-to-demand flip. Price has respected this zone multiple times and now turned it into strong demand support — a textbook S→D conversion.

✅ Candle Structure:
The breakout candle not only has volume and size, but also follows a healthy higher low structure — signifying smart accumulation.

Penafian

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