SUNTECK - EXCELLENT SETUP (MULTIYEAR BREAKOUT)
Price Action has gone through multiple contractions since 2019 and is now poised to breakout of a major supply zone. Though Price action has broken the barrier, will still wait for a day to confirm a true breakout
First contraction was close to 72%, followed by 50% during 2023 & finally reduced to 28% before giving a breakout. Squeeze kept getting tighter for each consecutive contraction which is a very positive sign.
Even Volume support seems to be present along with Sectoral Tailwinds behind Real Estate
First contraction was close to 72%, followed by 50% during 2023 & finally reduced to 28% before giving a breakout. Squeeze kept getting tighter for each consecutive contraction which is a very positive sign.
Even Volume support seems to be present along with Sectoral Tailwinds behind Real Estate
Trade attivo
Be patient with this stock, move can come anytime
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