Potential Bounce From Channel Support

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Potential Bounce From Channel SupportNational Co. for Learning & EducationTADAWUL_DLY:4291AlphaFox-TradersLooks like price is trying to hold the lower side of the rising channel around 136–138. Selling volume also doesn’t look too heavy for now, so if we start seeing a few good green candles with better volume, this area could give a bounce. My idea would be around 136–138 entry, SL near 134, with 149.4 as the first target and around 159 if momentum continues. I’d personally wait for some confirmation instead of jumping in immediately. Disclaimer: The information provided is for educational and informational purposes only. It does not constitute financial or investment advice. Trading and investing in stocks involves risk, including the possible loss of capital. Any decisions to buy, sell, or hold securities are the sole responsibility of the reader. Past performance is not indicative of future results. Always do your own research and, if necessary, consult with a licensed financial advisor before making investment decisions.