HeWhoMustNotBeNamed

Darling Ingredients - Clean uptrend with regular pullbacks

Long
NYSE:DAR   Darling Ingredients Inc
Another one with a clean uptrend. Considering it tried to break 50 resistance level twice and failed, also price consolidated between 45 to 50 before breaking out, this can act as strong support level . Next levels of support are derived based on pivot lows (both higher lows).

Volume on last bar is very high - which might signify exhaustion. Hence, we may have a pullback shortly. (Or it may just consolidate as last time)
Comment: Closed this position for time being. Will look to enter when volatility drops

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