The recent action is about patience and structure — the kind of move that often builds the foundation for the next big move.
📊 What’s Happening on the Chart?
- Trendline Breakout: After months of trending lower, price finally broke above its falling trendline — a signal that sellers were starting to lose control.
- Structure Shift: Not long after the trendline breakout, price took out a key lower high. That’s your textbook sign of a potential trend change from bearish to bullish.
- Support Found at Demand: Before all this, the stock found solid footing at a strong Weekly + Daily Demand Zone — a level where buyers stepped in with confidence.
- Now Back to Demand (But Quietly): After the breakout, price is now calmly pulling back into a nearby demand zone — and it’s doing so on low volume. That’s typically a good thing; it shows there’s no panic selling, just a quiet retracement.
🧠 Why This Matters
This kind of setup often catches traders off guard. The breakout already happened, the volume confirmed it — but now the market is “retesting” the move, checking if the breakout is for real.
Here’s why this zone is worth watching:
- Pullbacks on low volume into demand are often healthy — it means sellers aren't in control.
- If buyers show up again, especially with a bounce or bullish candle, it could confirm the next move higher.
As long as this demand zone holds, the larger structure stays positive.
🔍 My Closing Take
It’s easy to get caught up in the breakout hype, but sometimes the real opportunity is in the retest — when most people stop watching. If this zone holds and price starts moving with momentum again, it could be a sign of strength returning.
🔥 "Patience and preparation turn market uncertainty into opportunity." 🔥
This analysis is shared for educational purposes only and is not a trading or investment recommendation , as I am not a SEBI registered Analyst.
Access the powerful Demand and Supply Zone Pro indicator at:
marketup2date.com
Stay updated on Telegram:
t.me/MarketUp2Date
Join our WhatsApp channel:
whatsapp.com/channel/0029Va6ByyH0LKZCc4Az4x0u
marketup2date.com
Stay updated on Telegram:
t.me/MarketUp2Date
Join our WhatsApp channel:
whatsapp.com/channel/0029Va6ByyH0LKZCc4Az4x0u
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
Access the powerful Demand and Supply Zone Pro indicator at:
marketup2date.com
Stay updated on Telegram:
t.me/MarketUp2Date
Join our WhatsApp channel:
whatsapp.com/channel/0029Va6ByyH0LKZCc4Az4x0u
marketup2date.com
Stay updated on Telegram:
t.me/MarketUp2Date
Join our WhatsApp channel:
whatsapp.com/channel/0029Va6ByyH0LKZCc4Az4x0u
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.