ULTRATECH CEMENT trend analysis.

9 thg 8, 2023

ULTRACEMCO
Ultra Cemco is been moving in a uptrend and now it is consolidating in a tight range.
The Structure has formed a lower high and if the previous higher low is broken then the new lower low will occur and trend change its direction.

on the upside, the last 3 days' candles need to break and be closed above cause they are showing a good rejection from upside.

all-important levels are marked on the chart.

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