1. Price is consolidating for now.
2. I need a strong BO candle to plan a good entry only if I had to!
3. Earnings are strong.
4. Volumes are dry.
5. Too many doji/ undecisive candles on weekly tf is a red flag for me in any stock. Generally, I avoid positions where wicks are excessively long on weekly timeframes.
- 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