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STERLING AND WILSON #BUY #BREAKOUT

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STERLING & WILSON SO LTD (NSE:SWSOLAR)  
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NSE:SWSOLAR   STERLING & WILSON SO LTD
Chart Patterns Technical Indicators
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STERLING AND WILSON IS TRADING NEAR ITS KEY RESISTANCE ZONE ON A WEEKLY CHART. IT IS ABOVE 20 MOVING AVERAGE AND RSI IS ALSO ABOVE 60 INDICATING GOOD MOMENTUM BUILDING. MAYBE SOMETHING INSIDE THE COMPANY GOING VERY GOOD. INSIDERS KNOW WELL. ALSO THERE IS GOOD BUYING VOLUME IN THE LAST TWO WEEKS GREEN CANDLES. THIS TIME IT CAN PROBABLY GIVE A BREAKOUT .
Dagangan aktif:
MORE NEARER TO RESISTANCE WITH A REJECTION
Dagangan aktif:
Hammer at the top showing price rejection from resistance area. Will wait for confirmation candle as rejection candle has extremely low volume as compared to previous buying volumes and it may be because of the overall market effect. Will keep an eye on it.
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