First Post - Breakout and showing support on volume
Hi Guys
This is my first post. Only looked into TA recently but thought I would share something that I graphed out.
Fluence is a company that I have been following recently on recommendation from a friend
It was trading and bouncing off 38c for awhile but recently with its operational updates has broken out on volume. This pump had a healthy retrace recently and has settled in the mid 40s. I think that there is an invisible buy queue around 43c and that seems to be a new support floor.
Happy to get feedback on this and opinions as I only started charting a few weeks ago :)
This is my first post. Only looked into TA recently but thought I would share something that I graphed out.
Fluence is a company that I have been following recently on recommendation from a friend
It was trading and bouncing off 38c for awhile but recently with its operational updates has broken out on volume. This pump had a healthy retrace recently and has settled in the mid 40s. I think that there is an invisible buy queue around 43c and that seems to be a new support floor.
Happy to get feedback on this and opinions as I only started charting a few weeks ago :)