IOC Flag & Pole Pattern Near Resistance- Keep In Radar
793
✅ The stock is forming a flag & pole pattern, indicating consolidation before a potential breakout. It is testing the 185 resistance level, which could trigger a bullish move.
✅ The 100 EMA is acting as strong support at 168, reinforcing the uptrend. A breakout above 185 could see the stock heading towards 200. RSI is trending at 64, signaling bullish momentum with room for further upside.
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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.