FACT - Breakout or Fakeout?
Price Observation & Overview:
1. Very poor earnings!
2. Good volume on the current week BO candle.
3. It is testing the ATH for the 1st time, hence there might be chances of fakeout as well.
4. I will avoid any position into this stock as of now.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
1. Very poor earnings!
2. Good volume on the current week BO candle.
3. It is testing the ATH for the 1st time, hence there might be chances of fakeout as well.
4. I will avoid any position into this stock as of now.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
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