GRAVITA
Gravita is looking perfect on charts. With strong bullish probability one can go long with this stock.
Stock is at the Support zone.
- Support Supports this Stock:
Price is bouncing from this price zone for the past three times. This acts as a perfect Support zone for the Stock.
Mentioned in green arrows. With a green rectangle.
- Stock is Trending:
Oscillators show the bullish sentiment by raising from the Oversold region.
Can refer to the bottom strip on the chart where you can see a line raising from levels of 20.
Anything below 20 is called an oversold zone and above 80 is called an overbought zone.
- Price Action and Candle Stick Pattern:
Previous day candle has formed Hammer Pattern and the next candle has engulfed it with a strong green candle. This is a bullish sign for the stock.
Trade active:
First Target is Reached. However one can continue to hold looking upon the Strong candle. This can act as a breakout also.