CDSL has been moving inside a rising channel — higher highs and higher lows.
This means buyers are slowly pushing the stock up over time.
Right now, price has come back to the bottom support line of this channel.
Every time price touched this line earlier, it reversed upward strongly.
So the idea is simple:
📍 Price is near channel support
💪 Buyers have defended this level before
📈 Another upward swing inside the channel may start from here
As long as price stays above the lower trendline,
the stock can continue its up-trend toward the upper channel.
This means buyers are slowly pushing the stock up over time.
Right now, price has come back to the bottom support line of this channel.
Every time price touched this line earlier, it reversed upward strongly.
So the idea is simple:
📍 Price is near channel support
💪 Buyers have defended this level before
📈 Another upward swing inside the channel may start from here
As long as price stays above the lower trendline,
the stock can continue its up-trend toward the upper channel.
SiripiVenu
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
SiripiVenu
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.