PRICOLLTD - Breakout With Strong Volume

It might be referred to as a darvas box breakout, a resistance breakout, or you can call it a rounding bottom breakout.
Strong volume and a bullish breakout candle indicate that buyers are clearly in control.  Stock is rising and is currently trading at a record high.

Aggressive traders can plan entry above today's high and place Sl below Support Zone, which was resistance. Additionally, conservative traders can plan their entry at the breakout's retest.

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Anulowano zlecenie:

We planned to enter above the breakout candle's high the following day, but the price did not rise above the breakout candle, so our entry was not executed.