Network18 is in a great position for long call
The stock has retraced much deep into the range as expected since the size of the breach is little less than the range height.
See the volume activity during down move indicating a healthy retracement.
Now the stock is in consolidation with a upward wedge formation with low volume (Low volume consolidation is gold as it suggests the big player is building order for the next move)
Watch out for a good 1 hr green volume above average which will suggest an entry.
The stock has retraced much deep into the range as expected since the size of the breach is little less than the range height.
See the volume activity during down move indicating a healthy retracement.
Now the stock is in consolidation with a upward wedge formation with low volume (Low volume consolidation is gold as it suggests the big player is building order for the next move)
Watch out for a good 1 hr green volume above average which will suggest an entry.
Nota
Consolidation continue today...might go rocket soon
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.