Charter Communications : The Stock has been moving steadily on the upper-side for a couple of days with no strength in volume which indicates distribution.

We saw a DOJI at the top, next day the stock opened a gap down and then recovered to make a high and again selling pressure was seen indicating that the sellers are pushing the price down.

Doji is a strong signal if it is at the top or bottom with confirmation.

In Uptrend the ADX was falling which shows no strength.

Advice : Potential Sell with a SL of 735 and TP : 670-650

Selling Opportunity

Jul 05 2021

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