We have always heard that resistance once broken turns into support . Just look at this stock doing it multiple times.
Everytime it breaks it comes back to retest existing resistance and goes for another run.It is doing this again.
A rejection candle or long wicks/shadows near the retest/support.
Hope it helps or adds any input in learning curve.
Keep learning Keep earning.
Folks one thing I want to tell you about stock market is:-
Until you learn you wont be able to make money in this market and once you learn you wont be able to loose your money at any cost. It's your choice either to learn or getting screwed and blaming market for your sleepless nights.
Disclaimer: I am not SEBI registered.Trade with your own risk and caution.
Everytime it breaks it comes back to retest existing resistance and goes for another run.It is doing this again.
A rejection candle or long wicks/shadows near the retest/support.
Hope it helps or adds any input in learning curve.
Keep learning Keep earning.
Folks one thing I want to tell you about stock market is:-
Until you learn you wont be able to make money in this market and once you learn you wont be able to loose your money at any cost. It's your choice either to learn or getting screwed and blaming market for your sleepless nights.
Disclaimer: I am not SEBI registered.Trade with your own risk and caution.