The stock is a good contender for a short term trade because it appears to be setting itself for breaking out of a month's range.
A simple yet effective setup. A entry is made when the stock closes above the range's upper boundary with good volumes.
It is to be noted that the stock also has given a successful wedge breakout on Nov.16.
Note*- Please do your own analysis/research for any stock in which you wish to trade.
A simple yet effective setup. A entry is made when the stock closes above the range's upper boundary with good volumes.
It is to be noted that the stock also has given a successful wedge breakout on Nov.16.
Note*- Please do your own analysis/research for any stock in which you wish to trade.