Tata Consumer is breaking out of a big base in weekly charts, and volume spike can be observed today on daily charts as well.
Kommentar:
Power of breaking out of a long weekly base, stock is in an uptrend since the BO.
In my research up until now, bases larger than 60 week give good upmoves. I hope this finding is not negated anytime soon in the research. But long weekly base setups with consistent earinings is a good recipe to begin with for a setup.
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In my research up until now, bases larger than 60 week give good upmoves. I hope this finding is not negated anytime soon in the research. But long weekly base setups with consistent earinings is a good recipe to begin with for a setup.