At Support

This is Daily timeframe.
Make or break situaton has occured in Likhita.
But with help of volume it seems to be more on bullish side.
In coming days we will get the trend confirmation with breakout or breakdown.

This post is for information purpose only.

Kommentera:

Today it gave breakdown. Unexpected move for me.
Now in wait and watch situation.

Kommentera:

This time it gave breakdown and sideways till now.

Kommentera:

Have a look at monthly chart of it.
I think this is a small retracement(on monthly TF) after back to back green candles.
Hope so.