Text me if you have any questions/comments for me.
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INR
- Previous analysis was done on 16 Sep (red arrow) -> suggested waiting for a successful rebound
- Since then, the stock created a LH and LL
- Stock rebounded off the mid-term support and successfully break out from the counter-trendline (blue dotted line) with above average volume
- Stock is currently near Previous High
- Price is far from the short- or mid-term supports
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful retracement and successful rebound
-----
INR
- Previous analysis was done on 16 Sep (red arrow) -> suggested waiting for a successful rebound
- Since then, the stock created a LH and LL
- Stock rebounded off the mid-term support and successfully break out from the counter-trendline (blue dotted line) with above average volume
- Stock is currently near Previous High
- Price is far from the short- or mid-term supports
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful retracement and successful rebound