Power Grid is looking good on weekly chart by observing some factors in it likewise it breaks a falling trendline resistance strongly and gives a strong close above on it with nice gaining buying volumes and created a positive crossover divergence on MACD indictor so all things together giving a sign of coming more bullishness in it and we could see good up moves in it from here.
CAUSE OF LONG-:
1- Falling trendline breakout.
2- Volume breakout.
3- Macd indicator breakout.
CAUSE OF LONG-:
1- Falling trendline breakout.
2- Volume breakout.
3- Macd indicator breakout.