Lloyds Metals & Energy is into the business of manufacturing of Sponge Iron, Power generation and mining activities
Breakout Screener:
VCP (Volatility Contraction Pattern) Breakout Setup
-The Relative Strength Index (RSI) is approaching 70 and trending upwards, indicating strengthening momentum and increasing buying interest.
-The price is currently trading above the 50-day Exponential Moving Average (EMA50), suggesting a bullish trend and strong short-to-medium term price support.
-Trading volume is on the rise, confirming growing market participation and validating the breakout move.
-The stock has undergone more than 4 months of consolidation, forming a tight range with gradually contracting volatility, which typically precedes a significant breakout.
Disc: For study, not a recommendation
Breakout Screener:
VCP (Volatility Contraction Pattern) Breakout Setup
-The Relative Strength Index (RSI) is approaching 70 and trending upwards, indicating strengthening momentum and increasing buying interest.
-The price is currently trading above the 50-day Exponential Moving Average (EMA50), suggesting a bullish trend and strong short-to-medium term price support.
-Trading volume is on the rise, confirming growing market participation and validating the breakout move.
-The stock has undergone more than 4 months of consolidation, forming a tight range with gradually contracting volatility, which typically precedes a significant breakout.
Disc: For study, not a recommendation
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.