VijayBabuA

ERIS looking for triangle brekout

NSE:ERIS   ERIS LIFESCIENCES
ERIS looking for a triangle breakout and also trading at weekly resistance
RSI is above 50 on both daily and weekly scale, indicating bullishness intact.
Higher Lows formed and same high maintained on weekly scale from March-2020.
Narrow Central CPR is observed, indicating trend ahead.
RSI reversed repeatedly at 60 levels, This time hopefully it can break it and gain momentum. currently RSI is around 54 level.

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.