Savita Oil - Parallel channel breakout when?

It might stabilize at this level, not crossing 600 for a 2-3 months and then attempt to cross the parallel channel resistance.
Once it crosses the parallel channel resistance, it should spurt to 900 levels in a very short while.

Not

Now ready to break the parallel channel resistance. Very close to 600 now. I was thinking it will stay here for 2-3 months but looks like every stock is in a hurry these days.

Not

Savita oil crosses 600. Now at 643. Ready for breakout.

Not

Fell back into the channel.

The-Breakout-Trader

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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.

The-Breakout-Trader

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