Multi year Breakout after 15 years
The stock recently experienced a multi-year breakout, marking a significant event after a 15-year period. Additionally, there was a rounding bottom pattern breakout, supported by good volumes. After breaking out, the stock retraced to retest the breakout levels and exhibited a strong bounce with a bullish candle. Furthermore, there was a short-term trendline breakout on the daily chart, signaling a potential shift in the stock's short-term trajectory.
The combination of a multi-year breakout, rounding bottom pattern breakout with good volumes, successful retest, and short-term trendline breakout paints a comprehensive bullish picture. Traders and investors may find these technical signals compelling, indicating the potential for sustained upward momentum in the stock.
Following a strict SL is important.
The combination of a multi-year breakout, rounding bottom pattern breakout with good volumes, successful retest, and short-term trendline breakout paints a comprehensive bullish picture. Traders and investors may find these technical signals compelling, indicating the potential for sustained upward momentum in the stock.
Following a strict SL is important.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.