PRICOLLTD - Breakout With Strong Volume

It might be referred to as a darvas box breakout, a resistance breakout, or you can call it a rounding bottom breakout.
Strong volume and a bullish breakout candle indicate that buyers are clearly in control.  Stock is rising and is currently trading at a record high.

Aggressive traders can plan entry above today's high and place Sl below Support Zone, which was resistance. Additionally, conservative traders can plan their entry at the breakout's retest.

I genuinely hope that you will find my analysis useful. If you believe this analysis is beneficial, please Like it and follow me on TradingView for more analysis like this.

Order avbruten:

We planned to enter above the breakout candle's high the following day, but the price did not rise above the breakout candle, so our entry was not executed.