TEXRAIL - Volume Surge
Note: This is for educational purpose only.
There is an ascending triangle formation in TexRail with RSI nearing 60. RSI indicates a bullish momentum. Moreover, there is a huge rise in volume. As there is no build up in this near resistance, I have a low confidence in this breakout. Buy only once price breaks resistance with surge in volumes.
There is an ascending triangle formation in TexRail with RSI nearing 60. RSI indicates a bullish momentum. Moreover, there is a huge rise in volume. As there is no build up in this near resistance, I have a low confidence in this breakout. Buy only once price breaks resistance with surge in volumes.
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