The stock has made a bullish breakout from a technical pattern of a Head and Shoulder on a weekly chart. Breakout is supported by its volumes where there has been an increase in volume near the breakout level. Thus, one can consider a buying opportunity in this stock
Price consolidated for a 3 years
Price was facing major resistance at 250
Price has taken out its long term resistance of 250 with a strong candle and with a high volume.
Now the previous resistance will become major support
SL 233
Target 380
Price consolidated for a 3 years
Price was facing major resistance at 250
Price has taken out its long term resistance of 250 with a strong candle and with a high volume.
Now the previous resistance will become major support
SL 233
Target 380
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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.
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.