Weekly Flag Pattern Breakout
The stock has managed to give a "Flag Breakout " from the 260 levels indicating resumption of previous uptrend.
With current weekly close, the stock has surpassed its previous three weeks high's which signals increasing strength
On the daily chart 20 day and 200 day SMA golden crossover supports bullish sentiments.
On the weekly chart, the stock continue to scale upward forming higher tops and bottoms.
the weekly momentum indicator stochastic has turned bullish along with positive crossover er which supports increasing momentum
The above analysis indicate an upside of 300-310. time period is 3 to 4 weeks
With current weekly close, the stock has surpassed its previous three weeks high's which signals increasing strength
On the daily chart 20 day and 200 day SMA golden crossover supports bullish sentiments.
On the weekly chart, the stock continue to scale upward forming higher tops and bottoms.
the weekly momentum indicator stochastic has turned bullish along with positive crossover er which supports increasing momentum
The above analysis indicate an upside of 300-310. time period is 3 to 4 weeks
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