Sterling tools given strong breakout to resistance level on daily timeframe. Its Outperforming the index and making new highs periodically. One should go long with Proper risk management above the high. Stock may also Pump up and the return back to retest current levels. Increaing Volumes are indicating good interest of buyers in this Small cap Stock.
Nota
Entry not initiated. Its like a pullback on daily chart. If the stock Breaks the High in upcomming days I will allot 50% of the trade capital and make long positions. Looking today, I dont think entry will be triggered.
Nota
Let the stock break 4th May's High. we can then start alloting some more funds
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.