VIP Industries: Breakout Done, Awaiting Retest
The stock has seen a sharp rally in the past couple of days, resulting in a big breakout from a range. The price action today is suggestive of some kind of a corrective move that is underway after the recent spike in price. I would love to see small bodied candlesticks with below average volume over the next few days wherein the price either drifts lower to the breakout zone or gets into a sideways consolidation.
IF this price action unfolds, I would be eager to buy the subsequent breakout. This one is in my watchlist !!
IF this price action unfolds, I would be eager to buy the subsequent breakout. This one is in my watchlist !!
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.