breakout from a triangle pattern with decent volume
✅Jagran is showing a breakout from a triangle pattern with decent volume. This breakout suggests a potential continuation of the current uptrend.
✅The Relative Strength Index (RSI), a momentum indicator, has also broken out, indicating strong momentum behind the stock's move.
✅After breaking a previous resistance level, the stock consolidated for 7 months, forming a base before another potential rally. This consolidation phase is a positive sign as it indicates that the stock has built a strong base for its next move higher.
✅In the second chart, the stock has also given a breakout from a rectangle or box pattern, providing further confirmation of the bullish trend.
✅The Relative Strength Index (RSI), a momentum indicator, has also broken out, indicating strong momentum behind the stock's move.
✅After breaking a previous resistance level, the stock consolidated for 7 months, forming a base before another potential rally. This consolidation phase is a positive sign as it indicates that the stock has built a strong base for its next move higher.
✅In the second chart, the stock has also given a breakout from a rectangle or box pattern, providing further confirmation of the bullish trend.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.