AMI ORGANICS Approaching All-Time High and IPO Range Resistance
Updated
✅ The stock is approaching a critical resistance level near 1380, which coincides with its all-time high (ATH) and the upper boundary of its IPO range. This level has acted as a significant barrier in the past.
✅ The RSI is trending upwards around 60, indicating growing bullish momentum as the stock challenges this key resistance.
✅ If the stock successfully breaks above the 1380 resistance, it could enter a new bullish phase with potential targets around 1600 and higher. However, failure to break this level could result in a pullback towards the support around 1100.
✅ The RSI is trending upwards around 60, indicating growing bullish momentum as the stock challenges this key resistance.
✅ If the stock successfully breaks above the 1380 resistance, it could enter a new bullish phase with potential targets around 1600 and higher. However, failure to break this level could result in a pullback towards the support around 1100.
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