Multiple Support: Trendline Support + Fib Level +EMA
The stock corrected 20% from ATH and price at key level (weekly time frame):
- EMA 50 : in past stock has reversed multiple time FROM MOVERAGE AVERAGE and currently at same level.
- Fib .0618 : will be key level, if support break then expect a 10-15% further correction.
- Trendline Support : Upward trending stock, in past we have seen the reversal from base support.
The fundamental very good stock and accumulate at every dip.
Thanks
- EMA 50 : in past stock has reversed multiple time FROM MOVERAGE AVERAGE and currently at same level.
- Fib .0618 : will be key level, if support break then expect a 10-15% further correction.
- Trendline Support : Upward trending stock, in past we have seen the reversal from base support.
The fundamental very good stock and accumulate at every dip.
Thanks
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.