BERGER BREAKOUT

Mar 9, 2023

After hitting a all time high of 870 levels stock came down to 530 levels and witnessed a sharp correction of 40% almost from the highs and broke it's 100 day moving average on 16th September in year 2022 at 640 levels it is almost a correction of 17 too from a breakdown of 100 ema, but by today's session it gives a close above on that 100 ema after after six months trading below that moving average and broken a resistance at 576 levels which is identified for a resistance for uptrend resumption after making the swing low of 530 levels so I am considering this as a breakout for the target of 625 to 640 levels with the stop loss of a daily candle close below of that resistance of 575 levels hopefully it will follow the rounding bottom arc and will the given targets for us.

IDENTIFICATIONS-:
💡100 EMA FACTORS
💡 RESISTANCE BREAK WHICH WAS NEEDED FOR UPTREND RESUMPTION
💡 ROUNDING BASE FORMATION AND PICKING UP FROM THERE

𝐍𝐎𝐓𝐄-: 𝐓𝐇𝐈𝐒 𝐈𝐃𝐄𝐀 𝐈𝐒 𝐎𝐍𝐋𝐘 𝐅𝐎𝐑 𝐄𝐃𝐔𝐂𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐏𝐔𝐑𝐏𝐎𝐒𝐄.


𝐑𝐞𝐠𝐚𝐫𝐝𝐬-: 𝐀𝐦𝐢𝐭 𝐑𝐚𝐣𝐚𝐧 👤✌️

Mar 15, 2023

Note

GETTING GOOD CLOSE IN WEAK MARKET

Mar 16, 2023

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CROSSED 600 PSHYCOLOGICAL LEVELS AFTER MANY MANY DAYS

Mar 16, 2023

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GAINING GOOD CLOSE ABOVE 600 ✌️✌️

Mar 20, 2023

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HAVING STRENGTH

Apr 26, 2023

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GOOD CLOSE LOOKING CONSOLIDATION IS OVER, MINE TARGETS ARE BIG SO I AM HAVING NO PROBLEM TO WAIT FOR IT

May 1, 2023

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CAN DO TARGET ONE IN COMING WEEK

May 2, 2023

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CAN DO TARGET IN ONE TWO DAYS SETUP IS LOOKING GOOD NOW

May 3, 2023

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CLOSE TO TARGET

May 3, 2023

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DID EXACTLY MENTIONED A RESISTANCE BASED TARGET BY TODAY'S HIGH, EXAMPLE OF RIGHT IDENTIFICATION OF MAXIMUM REACH IN 1ST ATTEMPT