ORIENTAL BANK - Triple Top Formation
Güncellendi
The stock has formed a doji on having a triple top formation.
Volumes in this stock has previously also failed to follow up with good rallies.
Can be looked to short below the trendline.
Volumes in this stock has previously also failed to follow up with good rallies.
Can be looked to short below the trendline.
Not
The 15 min chart shows above average volume. Take this into consideration too.
Not
Hence, go long in the case of breakout with good volumes.Not
Volumes don't matter in this stock . Proven today again. Classic reversal from triple top and trendline has been broken. Unless it sustains above the line for a while, stock's weak. Shorting opportunity.Not
Closing above the line. Not weak. No shorts.Not
23 Mar : As suggeested , no shorts to be taken. It has given good follow through. Initiate longs, shows good signs of strength.Not
Longs initiated have given 3 % gains today.Not
7.5 % up today. That's great :)Not
Lesson revisited : Volumes do matter as always.
İlgili yayınlar
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.