GLENMARK Channels Breakout

GLENMARK has been moving in channels to what seems the accumulation on the weekly timezone.
After a week long ranging , it broke above the 50 FIB level Currently taking resistance at 618 FIB. .Awaiting a breakout / reversal on account of results.

Yorum:

Another Setup! HIT THE PLAY BUTTON.!
AFter a good leg up and a good leg down, its back on the bottom level.
Awaiting a reversal/breakdown