Despite posting highest ever results, stock has corrected nearly 10%. Today it has formed a hammer candle in SMC demand zone. This demand zone is also 200 MA zone.
Stock has potential to make new ATH. But 9% quick gain can be seen if stock retraces back same level, which looks like a handle for a bigger RHS pattern.
Stock has potential to make new ATH. But 9% quick gain can be seen if stock retraces back same level, which looks like a handle for a bigger RHS pattern.
Trade closed: target reached:
Target hit. Stock has potential to go up to ATH.