The stock is showing a breakout (Bo) after accumulating at support levels.
This presents a favorable risk-reward ratio (R:R) for trading, especially with a small stop loss (SL).
Volumes are also shooting 'up.
It's worth noting that there’s a trendline that has been respected for a long time.
Breakout should be with a strong candle (TF as we used in chart); then the entry will be after the consecutive candle which should be breaching the breakout candle.
Do your own research before investing
This presents a favorable risk-reward ratio (R:R) for trading, especially with a small stop loss (SL).
Volumes are also shooting 'up.
It's worth noting that there’s a trendline that has been respected for a long time.
Breakout should be with a strong candle (TF as we used in chart); then the entry will be after the consecutive candle which should be breaching the breakout candle.
Do your own research before investing
Trade ativo
didn't triggered
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.