Auropharma From 5 July 2020
Stock has been going up month by month approaching very strong monthly resistance zone
monthly uptrend max change possible 25% === > july opening 771 --- > 771 * 1.25 = 963 ( above monthly resistance ) not possible
support area --- 665 --> 752
resistance area -- 830 --> 890
chart pattern decreasing pennant type pattern forming ( higher lows and lower high forming in 15 min time frame )
Possibilities -->
1. breakdown towards downward --- > then support area becomes active
2. breakout towards upwards --> then resistance area becomes active .
currently no strategy can be formed
MFI also showing exhaustion of long investor
monthly uptrend max change possible 25% === > july opening 771 --- > 771 * 1.25 = 963 ( above monthly resistance ) not possible
support area --- 665 --> 752
resistance area -- 830 --> 890
chart pattern decreasing pennant type pattern forming ( higher lows and lower high forming in 15 min time frame )
Possibilities -->
1. breakdown towards downward --- > then support area becomes active
2. breakout towards upwards --> then resistance area becomes active .
currently no strategy can be formed
MFI also showing exhaustion of long investor
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.