Hey traders, DYCOM INDUSTRIES is in a bullish configuration with high co-opted buy volume and hammer candle shape. By zooming in on the TIMEFRAME M1 we can see a dash with a low purchase volume that is ready to test. The highest of the bollinger and get to the top of the comfort zone to test it. It is highly plausible to breakout the price afterward the area to enter within a second and intrude on the last previous highest filling a bearish breakout gap. To either go directly to the top of the second comfort zone or to reach the top of the bullish channel with test.
Please LIKE & FOLLOW, thank you!
Please LIKE & FOLLOW, thank you!