Carborandum Universe

4. Jan. 2023

CARBORUNIV has the following features in 1H chart:

• In 1H price actually creating a Pool and Flag pattern.
  
• The main point is consolidation after a big volume rise.
  
• Note: during consolidation phase: Volume always remains above the moving moving average.
  
• RSI well placed
  
• Alligator is showing clear uptrend.
  

Trade: BUY level around 925-920 with a SL of 910 for a probable target of 940.