What is Pullback ?

A pullback is the temporary falling of the stock prices after it break above the resistance level usually with widespread bar and high volume. Pullbacks are widely seen as buying opportunities with lower risks as you are given a chance to buy at support level.

Signs of Healthy Pullback in the chart:

1. Strong Line Change

2. Increasing volume

3. Low volume with narrow spread bars

Below is the recording video

https://youtu.be/_AtOK5d4ja8

Disclaimer

This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock