CARTRADE

Sep 10, 2023

• In our earlier post (dated 5-Jul-23), we highlighted initial signs of Trend Change in the stock with the Weekly RSI moving past its peak around 50, with price confirming the false breakdown with huge volume spike.
  
• Currently, prices have confirmed an Inverse Head & Shoulders pattern.
  
• Prices are likely to head to its next resistance zone between 695-725.
  
• Bullish outlook remains valid as long as prices stay above 470 (right shoulder low)
  

Oct 31, 2023

Trade closed: target reached

Price is now testing its key resistance area between 695-725!