Above 300 it will re-enter previous channel promising 309/313 targets. Below 290 will confirm downtrend in the present channel.
Yorum
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Mothersumi is still ranging between 288 and 297 with less than or average volumes for the past 3 days. Still hasn't conclusively broken into any of the channels. So it's in a no trading zone imo.
Yorum
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Right after I wrote above, stock went above 300. If it shows buying coming in sustainably to keep it above 300, or if it goes above 303.4, buy for above mentioned targets.