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NYKAA

Por CourtroomInvestments

  • The stock has cleared its downsloping trendline and the 50% FR level resistance, suggesting signs of strength.
  • Weekly RSI also shows similar strength by clearing its past peaks.
  • Further confirmation of strength would come when stock clears 160.
  • Higher resistance levels placed at 200 and 330.
  • Bullish outlook remains valid as long as price sustains 120.
Nota
Stock has cleared its resistance of 200, further confirming up-trend by maintaining a higher top higher bottom pattern. Stock is already up 50% from the day we highlighted a change in trend.
Chart PatternsTechnical IndicatorsTrend Analysis
CourtroomInvestments
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