Short Term Trading Week Starting: 16 Jan, page-161

  1. 4,528 Posts.
    lightbulb Created with Sketch. 297
    STTCOMP SFI, TA Long

    Finally broke out of accumulation zone. Large volume day on 1/12/16 was a smokey. Volume increasing lately with breakout usually points to something bigger which is potential commercialisation this month and volume today due to research report.

    Eclipsed previous 52-week high today. Exhaustion candles before breakout shows that everything was being snapped up on weakness.

    upload_2017-1-17_13-38-11.png

    This tip is not a buy recommendation. Please DYOR.
    Last edited by the_contrarian: 17/01/17
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.