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techtrail

Finolex Industries: Classic Wyckoff Re-Accumulation

FINOLEX INDUSTRIES (NSE:FINPIPE)  
techtrail Updated   
NSE:FINPIPE   FINOLEX INDUSTRIES
finolexindustries
4
3
finolexindustries
After a nice reaccumulation, price registered a breakout and followed it up with another mini-reaccumulation. Price action last week is encouraging with strong green candle and volume pick-up
Comment:
Nice follow-through action. Price gaining momentum. Time to see the "Mark-Up" phase aka trending-mode
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