On weekly timeframe the stock has made-up for all those past 7 weeks of loss with a 9.30% gain with huge volume. The stock also BrokeOut of a longterm weekly angular resistance zone. The coming week if it can BreakOut of the short-term weekly resistance with some good volume, then it may go up to 1,944 in the near future, which is the ATH.
In Daily timeframe, a Golden Cross-over is formed as well, that suggests a bullish sign.
Keep monitoring the coming week's price action.
In Daily timeframe, a Golden Cross-over is formed as well, that suggests a bullish sign.
Keep monitoring the coming week's price action.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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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.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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.