@Asphen:
PINS - A different perspective from previous sharing! Previous sharing - In a buy channel with consistent controlled sell drives Took another angle of analysis to the counter. 1. Area of balance (aka Trading range) - From 2023, it has been in a consistent trading range 23.80 to 27.44 - There has been look above and fail as well as look below and fail (meaning they all break back into range) - The range is very much made up of 2 similar ranges with 25.61 in the middle - Price action is now at the top of range (near 27.44) 2. Bullish scenario - Range play often means that a a bullish outcome means the breakout must be above 27.44 and stay above. - And even if break back into range, it needs to hold in upper half of range which is >25.61 3. Bearish scenario - It does not