Last Candle that share formed in day graph has done Bullish Engulfing of Previous candle (shown in graph). EMA 12 days has also crossed EMA 26 days. It can be seen in graph that Share price has increased with very good volume in last few days. After a long Accumulation Phase (shown in graph), Mark Up Phase is expected.
but but but, on the left there are at least 4 or 5 similar bullish engulfings with high volumes, but they retraced back but the last one didnt.Makes me wonder whay the last engulfing worked when similar others failed.