#ORCHPHARMA DTF BO with Volume
Stock was in a UT in the DTF
Formed a 3.5 month consolidation
There is a Hidden TrendLine BO with consolidation
The Resistance was broken with Volume
10ema has crossed the 20ema indicating bullishness
MACD is also Positive
Psychology: TrendLine traders & Support Resistance traders both could have entered the trade.
Entry at the above High of Day
SL at below Low of Day
Tgt at 1:2
Formed a 3.5 month consolidation
There is a Hidden TrendLine BO with consolidation
The Resistance was broken with Volume
10ema has crossed the 20ema indicating bullishness
MACD is also Positive
Psychology: TrendLine traders & Support Resistance traders both could have entered the trade.
Entry at the above High of Day
SL at below Low of Day
Tgt at 1:2
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