A huge bounce between support and resistance with volumes
Look for a breakout on a closing basis above 207, has a potential to give really quick 10%
Reasons to long,
1. Very huge volumes shows a lot of buying pressure
2. Already made multiple attempts to break the resistance
Wait for the breakout though
Disclaimer: For learning purposes
Reasons to long,
1. Very huge volumes shows a lot of buying pressure
2. Already made multiple attempts to break the resistance
Wait for the breakout though
Disclaimer: For learning purposes