Taylor Wimpey – Awaiting bullish break from congestion
Daily chart pattern – sideways channel
At 157.20, Prices are currently flirting with upper end of sideways channel. The daily RSI has already ended sideways action and is pointing northwards.
Hence, a bullish break on day end closing basis would open doors for a 100-DMA located today at 169 levels.
On the lower side, a breach of small rising trend line would expose the lower end of the sideways channel.
At 157.20, Prices are currently flirting with upper end of sideways channel. The daily RSI has already ended sideways action and is pointing northwards.
Hence, a bullish break on day end closing basis would open doors for a 100-DMA located today at 169 levels.
On the lower side, a breach of small rising trend line would expose the lower end of the sideways channel.
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.