Gail on a weekly time frame has crossed it resistance level and has closed above it.
The stock looks bullish and can make new ATH.
Daily time frame, there is a crossover of the moving averages which give another confirmation of a bullish rally.
Support :- 165, 160
Resitance :- 170, 177
The resistance are taken from the fib levels and previous high.
Wait for the price to retest the support level and if the price respect the support level, trade can be initiated.
The stock looks bullish and can make new ATH.
Daily time frame, there is a crossover of the moving averages which give another confirmation of a bullish rally.
Support :- 165, 160
Resitance :- 170, 177
The resistance are taken from the fib levels and previous high.
Wait for the price to retest the support level and if the price respect the support level, trade can be initiated.
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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.
Related publications
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.