Ram Raj coming for investors. 14 Years of BREAKOUT.....
14 YEARS of breakout,stock ready to shhot up.
------Breakout analysis in all frames..
-----.-Long Term ------
The 14 years of breakout is confirmed by the fact that stock completeda a perfect rounding bottom and resistance of all time made in 2010 , 14 Years ....
....... Medium to Short Term....
1) The RSI is currently at 63, which suggests that the stock is not overbought...
2) 3 Consective bullish candles---( Showing Strength )
3) The stock has closed above the resistance level for several days in a row.
4) The stock is also trading above its 50-day and 200-day moving averages. (Bullish sign)
Overall, the chart suggests a strong uptrend and could,wont be less than some 3 digits
As they say
"Bigger the Consolidation, the Bigger the Breakout"
------Breakout analysis in all frames..
-----.-Long Term ------
The 14 years of breakout is confirmed by the fact that stock completeda a perfect rounding bottom and resistance of all time made in 2010 , 14 Years ....
....... Medium to Short Term....
1) The RSI is currently at 63, which suggests that the stock is not overbought...
2) 3 Consective bullish candles---( Showing Strength )
3) The stock has closed above the resistance level for several days in a row.
4) The stock is also trading above its 50-day and 200-day moving averages. (Bullish sign)
Overall, the chart suggests a strong uptrend and could,wont be less than some 3 digits
As they say
"Bigger the Consolidation, the Bigger the Breakout"