Northcop Grumman Corporation
As you can see, this company is on all-time high, we have a strong demamd zone on the daily timeframe.
This buying opportunity is a high quality setup. And it has a high probability to hit the take profit.
This stock in a downtrend in the monthly, weekly also daily.
So all we can say is no buying allowed in a downtrend.
In the 1 hour the stock has created a brand new supply level with a great risk reward and departure 🛫.there is more sellers than buying in that zone which is mean that the imbalance is created in the zone.
