Adaniports - 4 years break 300 points move
Price was trying to break the resistance levels for at least 4 years and finally succeeded in 2021 and look at the powerful move of 300 points after the breakout.
One can notice before the breakout there was a pattern break as shown in the analysis which was very strong with big momentum.
Once it reached the 4 years resistance then the momentum slowed down and price comes down to retest the breakout level and moves up dramatically. ( One cannot expect retest always )
Follow up.
One can notice before the breakout there was a pattern break as shown in the analysis which was very strong with big momentum.
Once it reached the 4 years resistance then the momentum slowed down and price comes down to retest the breakout level and moves up dramatically. ( One cannot expect retest always )
Follow up.
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