1. Price is currently high above the multiyear strong support and ascending parallel channel
2. Fib 0.618 retracement done in monthly which is exactly matching with the support line of 44.95
3. After the RB breakout, it formed a flag pattern in monthly and yet to breakout.
4. Once breakout done, first target will be 90.51 and second target will be 220
5. Note: This setup is for long term only. So patience needed to achieve the desired results.
Note: This is for educational purpose only and not a stock recommendation.
2. Fib 0.618 retracement done in monthly which is exactly matching with the support line of 44.95
3. After the RB breakout, it formed a flag pattern in monthly and yet to breakout.
4. Once breakout done, first target will be 90.51 and second target will be 220
5. Note: This setup is for long term only. So patience needed to achieve the desired results.
Note: This is for educational purpose only and not a stock recommendation.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.