TARGET 379
The Major trend of ANTOFAGASTA PLC is showing strength for buying If it crosses the resistance level then one can initiate buying position in the stock. If it cross the level of 369 then it can test level for the target of 379 with the stop loss of 359
CHART FORMATION:-
Stock is trading in a range and trading near the trend line. Breaking the support line will lead to upside movement. Stock is trading above the 50 DMA with negative bias.
INDICATORS:-
RSI is trading near to 35 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustained above the zero level line.
The Major trend of ANTOFAGASTA PLC is showing strength for buying If it crosses the resistance level then one can initiate buying position in the stock. If it cross the level of 369 then it can test level for the target of 379 with the stop loss of 359
CHART FORMATION:-
Stock is trading in a range and trading near the trend line. Breaking the support line will lead to upside movement. Stock is trading above the 50 DMA with negative bias.
INDICATORS:-
RSI is trading near to 35 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustained above the zero level line.