🟡 WTF Parallel Channel
The stock was respecting a long-term descending parallel channel (yellow lines), and recently took support off the lower boundary.
📉 Higher Low Formed
It created two clear demand zones (marked boxes), confirming higher lows — a classic signal of accumulation and reversal strength.
📊 Supply Zone Broken
Not just any breakout — it smashed through the supply zone with strong bullish candles, showing conviction and volume support.
📐 Trendline Breakout
Today, it broke out of the counter trendline (CT) and the descending resistance (2 dotted lines) — both gone in a single strong move, putting it in a clear breakout zone.
🎯 What's Next?
The stock was respecting a long-term descending parallel channel (yellow lines), and recently took support off the lower boundary.
📉 Higher Low Formed
It created two clear demand zones (marked boxes), confirming higher lows — a classic signal of accumulation and reversal strength.
📊 Supply Zone Broken
Not just any breakout — it smashed through the supply zone with strong bullish candles, showing conviction and volume support.
📐 Trendline Breakout
Today, it broke out of the counter trendline (CT) and the descending resistance (2 dotted lines) — both gone in a single strong move, putting it in a clear breakout zone.
🎯 What's Next?
💡 More Insights on 🔵 Telegram: t.me/hashtaghammer
💰 PnL series on 🔴 YouTube: youtube.com/@HashtagHammer/videos
💰 PnL series on 🔴 YouTube: youtube.com/@HashtagHammer/videos
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.
💡 More Insights on 🔵 Telegram: t.me/hashtaghammer
💰 PnL series on 🔴 YouTube: youtube.com/@HashtagHammer/videos
💰 PnL series on 🔴 YouTube: youtube.com/@HashtagHammer/videos
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.