GOCOLORS is getting ready and has been testing the resistance level.
- It is consistently trading above the 20 EMA. Recent high-volume candles suggest clear institutional participation. Although volume is currently drying up, the price is sustaining — a positive sign.
- The stock reversed after touching the 0.5 Fibonacci retracement level, indicating strength.
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- It is consistently trading above the 20 EMA. Recent high-volume candles suggest clear institutional participation. Although volume is currently drying up, the price is sustaining — a positive sign.
- The stock reversed after touching the 0.5 Fibonacci retracement level, indicating strength.
✅ If you like my analysis, please follow me as a token of appreciation :)
in.tradingview.com/u/SatpalS/
📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
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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.