Very good bullish setup formed in BBTC stock..
You can observe following points before going long..
1) Stocks break good resistance level with high volume..
2)After breakout price comes again to support level with low volume
3) After consolidating price again breaks consolidation area with good volume gives uptrend confirmation..
4) Again pullback action forming.
5) Its better to take entry above 930 lvl for high RR..
RR - 1:6+
Note - For educational purpose only..
You can observe following points before going long..
1) Stocks break good resistance level with high volume..
2)After breakout price comes again to support level with low volume
3) After consolidating price again breaks consolidation area with good volume gives uptrend confirmation..
4) Again pullback action forming.
5) Its better to take entry above 930 lvl for high RR..
RR - 1:6+
Note - For educational purpose only..
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sushant959
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