Ready for Breakout
After breakout and successful retest stock is ready for upside movement, following are the signs of bullishness:-
1. Consolidation near previous high forming a buildup.
2. price is taking support of 20EMA, shows strong uptrend.
3. Sector index is also in uptrend.
4. RSI is above 60.
1. Consolidation near previous high forming a buildup.
2. price is taking support of 20EMA, shows strong uptrend.
3. Sector index is also in uptrend.
4. RSI is above 60.
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