SWANENERGY looks more bullish in intraday
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Based on the current price formation on the point and figure chart, there is a bullish ABC pattern observed on the intraday box value chart. The presence of a series of bullish anchor columns suggests a strong bullish momentum. If this trend continues, we can anticipate further upward movement.
Stocks looks more bullish above 273 in intraday and Pattern failure level is below 265.
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Yes. Good setup. Seems Correction/Downtrend is over and up trend resumed after 3 months of consolidation.