MAZOCK IS GETTING READY FOR CLEAR UPMOVE
MAZDOCK has breaked out of the trendline, the breakout candle is approx 7% candle with volumes gradually picking since last few days
The price today 18.10.2024 has taken clear support of 20EMA.
Further there is a clear divergence between price and RSI lows in the period 21st August & 7th Oct, 2024, wherein the price has made low levels but RSI lows remains the same.
All the above shows a reversal may come in the stock.
The Targets can be >>>>> Target 1 = 4860; Target 2= 5095 and Final Target = 5859
The price today 18.10.2024 has taken clear support of 20EMA.
Further there is a clear divergence between price and RSI lows in the period 21st August & 7th Oct, 2024, wherein the price has made low levels but RSI lows remains the same.
All the above shows a reversal may come in the stock.
The Targets can be >>>>> Target 1 = 4860; Target 2= 5095 and Final Target = 5859
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.