Currently if you have noticed, volume is starting to pickup on this tortoise stocks which has very low volume Interested is there, is there any news of Take Over or some big project that insiders knows but we do not know.
Good thing about TA, it will shows if a counters starts to gain volume easily
Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD -Bullish Crossover (Bullish)
4) RSI - heading towards 30% (Bullish) - Start of Bull Run
5) Sto - Formed Bullish Crossover and broke above 20% (Bullish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick -2 white clouds after spinning top(Bullish)
8) Volume Distrubtion- Buying Pressure high over the past few days ( Bullish)
4Points
5 Points
Conclusion
Winner BULL
Entry Price 2
Resistance at 2.08.2.15,2.28 and 2.54
Support a 1.89
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