“Rounding Bottom” formation Breakout
On the weekly chart, the has confirmed “rounding bottom” formation breakout at 1500 levels on a closing basis
It has also confirmed higher tops and bottoms indicating strong up trend
The stock has recaptured its 20, 50, ,100 and 200 day SMA and rebounded very sharply
Huge volumes around breakout zone implies increased participation
The daily and weekly strength indicator RSI signals positive crossover indicate rising strength
The above analysis indicate upside of 1685 levels.
Holding period is 3 to 4 weeks.
It has also confirmed higher tops and bottoms indicating strong up trend
The stock has recaptured its 20, 50, ,100 and 200 day SMA and rebounded very sharply
Huge volumes around breakout zone implies increased participation
The daily and weekly strength indicator RSI signals positive crossover indicate rising strength
The above analysis indicate upside of 1685 levels.
Holding period is 3 to 4 weeks.
Not
19 APR HIGH 1756
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.