OPEN-SOURCE SCRIPT

10% and 23.6% support bands

31
When a share is in momentum and showing lot of strength that relative strength it takes breather at 10% band from new 52 week high and and tends to consolidate at 23.6% from new 52 week high. This forms a higher low and gives opportunity to get in the rally. The volume bars should be taken into consideration as low volume and dry up at the bottom indicate reversal is coming. The stoploss for all entry is 1% below recent base low and entry pont is crossing of weekly high with greater than 20 days volume average.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.