Mphasis has been in the uptrend like most other stocks since December.
The stock has been moving in a channel like pattern since then, between 1500 & 1787 after reaching 52 weeks high.
Expecting a potential breakout downwards since the stock has recently reached 52 weeks high.
RSI is at 60s and shows a downward trend supported by volume.
The stock has been moving in a channel like pattern since then, between 1500 & 1787 after reaching 52 weeks high.
Expecting a potential breakout downwards since the stock has recently reached 52 weeks high.
RSI is at 60s and shows a downward trend supported by volume.
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.
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.