IOC LONG (reversal)
We can observe that IOC is now showing a reversal.
It was in the Consolidation stage and now has broken the Consolidation Channel and is trending up. We have the confirmation as 2 GREEN WICKS can be seen above the EMA 45 Line.
This ticker is a good pick as we can see an overall Ascending Channel pattern as the SMA 180 Line is being a Support to the ticker.
It was in the Consolidation stage and now has broken the Consolidation Channel and is trending up. We have the confirmation as 2 GREEN WICKS can be seen above the EMA 45 Line.
This ticker is a good pick as we can see an overall Ascending Channel pattern as the SMA 180 Line is being a Support to the ticker.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.