In prices earlier resistance becomes a support.
Note: Price will not exactly take suport and resistance so zones form. It this chart Price take support at the zone.
My personal view is that ,stock is in an uptrend so at this point of time we should watch it carefully and wait for weekly close ,it will decide whether it get set for up or down move.
Note: Price will not exactly take suport and resistance so zones form. It this chart Price take support at the zone.
My personal view is that ,stock is in an uptrend so at this point of time we should watch it carefully and wait for weekly close ,it will decide whether it get set for up or down move.
