Trident has given a clean breakout of an important resistance with extremely strong volume support. Plus the sector as a whole has seen price increase in recent time which gives this trade more confirmation. One can accumulate the stock around 44 - 46 levels with a stop of 42. Targets can be good if help for medium term. One can expect retest of previous lifetime highs.
Kommentera:
Accumulate on this fall
Kommentera:
Add more. Falling on low volume
Kommentera:
Keep holding. Long wick candle on hourly timeframe right at 50 dma support. The volume has been substantially low on the recent fall. This usually signals an upmove