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CRAFTSMAN AUTOMATION LTD
Feb 18, 2024
CRAFTSMAN
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Feb 18, 2024
The current correction since the high of 5513 has been 27% and to the 50% FR level, which is in line with the past price corrections.
Additional support level is placed at the Dec-22 high of 3711.
Conviction of up-move resumption would come after Weekly MACD crossing above its Trigger line.
In the case, the up-move could extend to test 6985-7925 zone.
Bullish outlook remains intact as long as price is above 3710.
Aug 24, 2024
Note
The stock has hit a new all time high! Target zone 6985-7925 should come soon!
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