Chart Type - Heikin Ashi Time Frame - Daily Swing Chart
The price has successfully tested its retracement level of 61.80% and the price holds these levels.
Swing High - 387.15 (August 2023)
Breakout Level - 347.95 First trade zone - 347.95 to 357.25 Second trade zone - 357.25 to 373.30
Breakdown Level - 338.65 Trade Zone - 338.65 to 308.60
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Daily Chart The price has successfully broken down the level of 338.65 which is the Fib Retracement level of 61.80%.
Weekly Chart The price shows the weakness in the momentum and the price makes a negative move.
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Aegis Logistics Daily Chart: The price is in a strong downtrend. We have Strong body Red HA candles. The next level to watch is 317.55 which is a retracement level of 38.20%
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Aegis Logistics Daily Chart: Today we have a green HA candle with a high of 337. Now the interesting part is this level is a strong resistance on the daily as well as on the weekly charts. So, the level of 337.65 will decide the direction.