weekly charts are most imp charts when u r analyzing a setup
1) it cut off most of the noise
2) neither its too large time frame(like monthly) nor its too small (hourly/ daily)
now here, in this case, we can see the trend is up
stock is in sideways from 240 week
also, the stock range is in pt a nd pt b a big white candle
once pt a will break we will see a massive upmove
1) it cut off most of the noise
2) neither its too large time frame(like monthly) nor its too small (hourly/ daily)
now here, in this case, we can see the trend is up
stock is in sideways from 240 week
once pt a will break we will see a massive upmove
KA