Lloyds Metals & Energy is into the business of manufacturing of Sponge Iron, Power generation and mining activities
Breakout Screener:
VCP (Volatility Contraction Pattern) Breakout Setup
-The Relative Strength Index (RSI) is approaching 70 and trending upwards, indicating strengthening momentum and increasing buying interest.
-The price is currently trading above the 50-day Exponential Moving Average (EMA50), suggesting a bullish trend and strong short-to-medium term price support.
-Trading volume is on the rise, confirming growing market participation and validating the breakout move.
-The stock has undergone more than 4 months of consolidation, forming a tight range with gradually contracting volatility, which typically precedes a significant breakout.
Disc: For study, not a recommendation
Breakout Screener:
VCP (Volatility Contraction Pattern) Breakout Setup
-The Relative Strength Index (RSI) is approaching 70 and trending upwards, indicating strengthening momentum and increasing buying interest.
-The price is currently trading above the 50-day Exponential Moving Average (EMA50), suggesting a bullish trend and strong short-to-medium term price support.
-Trading volume is on the rise, confirming growing market participation and validating the breakout move.
-The stock has undergone more than 4 months of consolidation, forming a tight range with gradually contracting volatility, which typically precedes a significant breakout.
Disc: For study, not a recommendation
Aviso legal
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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.