The stock price has formed a Cup & Handle-like pattern since January 2025. This moment is reaching near the breakout levels of 1820-1840.
If it sustains above 1840, it may go bullish to see the levels of 1975/2215.
Support levels are around 1710.
One has to maintain risk management according to the exit levels below 1700.
Second view -
If it does not sustain above the levels of 1840-1860, and slips down below 1700, the setup will show weakness and a bearish view. Then it may go lower to the levels of 1480 and 1365.
All these illustrations are for learning and knowledge-sharing purposes. It should not be considered as a buying or selling recommendation.
All the best.
If it sustains above 1840, it may go bullish to see the levels of 1975/2215.
Support levels are around 1710.
One has to maintain risk management according to the exit levels below 1700.
Second view -
If it does not sustain above the levels of 1840-1860, and slips down below 1700, the setup will show weakness and a bearish view. Then it may go lower to the levels of 1480 and 1365.
All these illustrations are for learning and knowledge-sharing purposes. It should not be considered as a buying or selling recommendation.
All the best.
Trade ativo
Reached the first target downside 1480.
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.