IPO stock forming a base or a bottom. Inference of bottom has been based on- 1: Fib retractament levels 2: RSI divergence on higher TFS 3: Spring action at above important levels
First logical target from here is definitely the IPO open price around 390-400 region.
Will update accordingly based on PA on the above region.
I would be no more bullish on it if it closes below 310 on daily.
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