It has finally taken off!!
Fib - this is the first time the stock has shown strength. the recent dip to 38.2% was an indication of strength. Fib extension is indicating immediate resistance at 3100. Above this we will see 4K.
RSI- The oscillation of the RSI was always within the bull range, indicating bull trend being intact. The higher support now is an indication of further strength.
Conclusion - to me this stock has finally taken off. So hold it if u have. wait for some correction for fresh entry.
RSI- The oscillation of the RSI was always within the bull range, indicating bull trend being intact. The higher support now is an indication of further strength.
Conclusion - to me this stock has finally taken off. So hold it if u have. wait for some correction for fresh entry.
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.