RiderTrader

CUB - 4HR chart. Breaking out

Long
NSE:CUB   CITY UNION BANK
Another breakout stock in Bank?
Very good volume .
closed above 100 day high
Took strong support at 9 EMA with volume .
RSI and Stochastic good as per rules.
ATR is low.
185 to 200 looks possible.

140 to 150 and 120 levels were held always last few months.

Posting a 4 HR time frame chart to show candle and volume last 2 hours.
Very Strong.
So on Monday can expect good trend to continue. (31st August 2020)

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