On daily time frame, price is breaking the trend line and sustaining it with volume. When most of the stocks were falling, this stock sustained. On weekly time frame price is consolidating within a triangle.
Buy above 342 with the stop loss of 338 for the targets 346, 352 and 360. Intermediate resistance is seen at 345 - 346. Price will be completing the rounding bottom pattern at 357 - 361 level.
So we can see the triangle consolidation, trend line break out and rounding bottom(forming) patterns on the chart in daily & weekly time frame. Do you see any other patterns? Write it in the comments section.
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Yorum:
T1 done.
Yorum:
T2 done.
Yorum:
What a move.
