PSP Projects
Date 01.09.2024
PSP Projects
Timeframe : Weekly
Remarks :
1 As of now the stock has support of 23% at fibonacci & base of symmetrical triangle.
2 As of now the stock has resistance of 50% at fibonacci & flat future kumo.
3 As of now the stock is trading below its traditional strong upward parallel channel.
4 Once the stock breaks out from resistance area/s as mentioned above, it will resume its traditional uptrend channel started from 2020 march.
5 One can also use 20 & 60 weekly exponential moving averages to see trend & stoploss, however any moving average are lagging indicators.
That's why i personally emphasis more on tools.
Regards,
Ankur
PSP Projects
Timeframe : Weekly
Remarks :
1 As of now the stock has support of 23% at fibonacci & base of symmetrical triangle.
2 As of now the stock has resistance of 50% at fibonacci & flat future kumo.
3 As of now the stock is trading below its traditional strong upward parallel channel.
4 Once the stock breaks out from resistance area/s as mentioned above, it will resume its traditional uptrend channel started from 2020 march.
5 One can also use 20 & 60 weekly exponential moving averages to see trend & stoploss, however any moving average are lagging indicators.
That's why i personally emphasis more on tools.
Regards,
Ankur
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.