Finpipe share price is currently at crucial 1.618 level of its retracement after the 2020 fall measured rom its previous ATH...if it breaks this level then next target is 304 which is the 2.618 fib level...possibility also remains that share price stays in this 1 - 1.618 level range for sometime then we can see price bobbling around 155 - 209..
It is finding resistance right at the exit gate of 1.618 level and that is the wonder of Fibonacci.
It is finding resistance right at the exit gate of 1.618 level and that is the wonder of Fibonacci.
Comment:
broken out of the exit gate of 1.618 level..should move upwards to its short term target of 230-235
Trade closed: target reached