Near strong resistance/supply zone. Expecting it to break. Reason as below
1. Good quarterly result.
2. Two new manufacturing facilities opening soon, which may give good upcoming results.
3. Technical: Inverted Head and Shoulders can be seen, a bullish pattern (if breakout is done)
Rest time will tell.
If you find any negative aspects do share it in comment sections, so that others are also aware.
Above theory is just my opinion and can go wrong, study more and make your own decision.
1. Good quarterly result.
2. Two new manufacturing facilities opening soon, which may give good upcoming results.
3. Technical: Inverted Head and Shoulders can be seen, a bullish pattern (if breakout is done)
Rest time will tell.
If you find any negative aspects do share it in comment sections, so that others are also aware.
Above theory is just my opinion and can go wrong, study more and make your own decision.
Comment:
Retesting???