Clean science been consolidating for about 2.5 Months now and gave a real good breakout from a range in inverse head and shoulder pattern formation. The prior downtrend shows that there is consistent pressure from sellers but a turnaround after consolidation shows that bulls taken charge again. Also the big 200MA also taken out by bulls.
The only concern here is that breakout volume is low. So say, if in upcoming weeks the volume also picks up, then we can enter at value levels of 1800 and around it.
Happy Trading :)
Disc: Chart posted only for learning purpose.
The only concern here is that breakout volume is low. So say, if in upcoming weeks the volume also picks up, then we can enter at value levels of 1800 and around it.
Happy Trading :)
Disc: Chart posted only for learning purpose.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.