#ALLCARGO
All Cargo Logistics CMP 68.70
Breakout Alert π: The stock has broken out of a descending trendline, indicating a potential trend reversal from bearish to bullish.
Volume Spike π: Notice the significant increase in trading volume during the breakout, which adds strength to the breakout signal.
Resistance Zone π‘: The stock has also moved above a key resistance level around the βΉ66-βΉ67 mark, now potentially turning into a support level.
Bullish Momentum π: The strong green candles after the breakout suggest that bulls are in control, and the stock may continue its upward movement.
Watch for Pullbacks π: After a breakout, itβs common to see a pullback to test the new support. Keep an eye on how the stock behaves around the βΉ66 level.
All Cargo Logistics CMP 68.70
Breakout Alert π: The stock has broken out of a descending trendline, indicating a potential trend reversal from bearish to bullish.
Volume Spike π: Notice the significant increase in trading volume during the breakout, which adds strength to the breakout signal.
Resistance Zone π‘: The stock has also moved above a key resistance level around the βΉ66-βΉ67 mark, now potentially turning into a support level.
Bullish Momentum π: The strong green candles after the breakout suggest that bulls are in control, and the stock may continue its upward movement.
Watch for Pullbacks π: After a breakout, itβs common to see a pullback to test the new support. Keep an eye on how the stock behaves around the βΉ66 level.