simply bearish trend has been breakout by the closing price, indicate reversal of bullish momentum will be come soon
Just trade with your own decision This analysis made just for education disclaimerOn
I have a small position on 22/8/22 coming from a flat base. Today the stock broke out in huge volume. I like to see some follow-throughs to confirm the institutional accumulation.
I've been in and out of this stock, the setup didn't work before. Today, I reenter my position as it develops its base reset. I enter this trade on a low-cheat level, it closes well with a fine RS Line.
I got a follow-up position today on its handle level. The stock forms a primary base, I like to get myself involved in.