This might be the Start of New Impulse Up

This scrip has come down far form its all time high and recently the down ward flow is losing the Momentum , i am more likely considering it as Formation of Contracting Triangle or usually its also called as barrier Triangle , this is Just a forecast the price action confirmation can lead to further conclusions ,
One can Look for the formation of these pattern and can identify them to trade in the direction of higher possible trend
Good Luck Keep learning

Kommentera:

Momentum has pushed the Scrip on much lower then Pre-defined , One can look for Buying on reversal confirmation on Daily EOD Basis

Handel aktiv:

One can look for one more drop before heading for Higher high