JKCEMENT has broken out above a key resistance level, signaling a potential bullish move ahead.
Breakout: The stock has successfully breached its resistance level, indicating strong upward momentum.
Volume Surge: Accompanying the breakout, we see a noticeable increase in trading volume, confirming the strength of this move.
Bullish Trend: The stock has been on an uptrend with higher highs and higher lows. Moving averages are also supportive of this trend. What to Watch:
The breakout level may now serve as a new support. Keep an eye on the next resistance around previous highs or psychological levels like 4,800. If the breakout holds, we could see further upside!
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.