Here again Rom with a new trading idea Based on the "channel UP". A trading channel is drawn using parallel trendlines to connect a security's support and resistance levels within which it currently trades. A trading channel may also be known as a price channel.
A trading channel is drawn using parallel trendlines to connect a security's support and resistance levels within which it currently trades.
Trading channels provide one of the virtual overlays that a technical analyst will use for long-term analysis and trading decisions.
Two broad types of trading channels that are popular with technical analysts are trend channels and envelope channels.
Trading idea
Buy AREA =26.90-28.20 dollar Trade AREA =28-31.5 dollar Sale AREA =33 dollar
⚠️__🚧___🚧___🚧__🚧___🚧__🚧_🚧__🚧__🚧__🚧__🚧_🚧__🚧__🚧_🚧__🚧_⚠️ There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only. Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one. Investing in the stock market involves risking your money!⛔️ have fun💃🏿