After six weeks of [consolidation], The stock has broken out from a cup- with- handle and gained around 37% from its pivot level in just 24 trading sessions.
The stock is in a bullish trend and has not displayed any sign of weakness yet. It is trending above all its key moving averages on multi- time frame charts, and it has also closed on positive notes for the past six months.
Today, it formed a big bullish candle with a higher- high and higher- low price structure on the daily chart and gained around 15% in intraday.
The stock is soaring higher and moving with strong momentum after reclaiming its 200 DMA on October 13, 2021.
The stock has been closing on a positive note for the past six days in a row, and today also, it has formed a big bullish candle with a higher- high and higher- low price structure on the daily chart.
It is trending above all its key moving averages on multi- time frame charts.
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