Network18 is in a great position for long call The stock has retraced much deep into the range as expected since the size of the breach is little less than the range height. See the volume activity during down move indicating a healthy retracement. Now the stock is in consolidation with a upward wedge formation with low volume (Low volume consolidation is gold as it suggests the big player is building order for the next move)
Watch out for a good 1 hr green volume above average which will suggest an entry.
Nota
Consolidation continue today...might go rocket soon
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.