Astra Microwave is attempting a breakout above the 1,180–1,200 resistance zone on the weekly chart after consolidating for several weeks. The structure shows strong base formation and higher lows, signaling accumulation before a potential move higher.
Momentum indicators (MACD + volume pickup) support the bullish bias, suggesting a breakout could sustain if confirmed.
📊 Swing Trade Plan
Entry: Above 1,200 (on breakout confirmation or closing basis)
Stop Loss (SL): 1,095 or as per your risk
Targets: 🎯 1,300 / 1,400 / 1,500
View: Sustaining above 1,200 may open the next leg of the uptrend — watch for follow-through volume and momentum confirmation.
Momentum indicators (MACD + volume pickup) support the bullish bias, suggesting a breakout could sustain if confirmed.
📊 Swing Trade Plan
Entry: Above 1,200 (on breakout confirmation or closing basis)
Stop Loss (SL): 1,095 or as per your risk
Targets: 🎯 1,300 / 1,400 / 1,500
View: Sustaining above 1,200 may open the next leg of the uptrend — watch for follow-through volume and momentum confirmation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.