Price Action works in all kinds of markets be it Indian market or US market. One of the primary objectives of teaching Science of Stock Price Action is to introduce these universal concepts and help you understand what makes prices move in Financial markets.
Let me share one example: Axon Enterprises
One company that's changing how law enforcement works in America:
1. Body cameras for Police officers
2. Taser Guns
This is the company to watch out for -Axon https://t.co/fQCVvHHRRc
The stock is breaking out too— Deepak Singh (@smarket) February 24, 2018
This was the state of Axon Enterprises back then on Feb 24:
This is what happened over next few days: 40% breakout rally
This is where the stock stands as of today.
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers