Stock analysis for SUMITOMO CHEMICAL IND LTD
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price falling each time when touches to upper trend line
with conforming signal by RSI falling when it touch to 70
again price is testing upper trend line and RSI at 70 from here we can expect down side move in stock to lower trend line
if price successfully closes above upper trend line...
watch for breakout or breakdown in sasken technologies
do not take stock too early if you feel it will definitely give breakout
place position only when breakout happens
or you can also wait little to watch for conformation like wait to close candle successfully above
try to match price with volume breakout
some time stock retest the breakout line
try to enter...