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MSUMI
MOTHERSON SUMI WRNG IND L
Long
MSUMI
By CourtroomInvestments
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May 12, 2023
1
May 12, 2023
Prices have given a Weekly Close above its resistance of Trendline and horizontal level 54.
Weekly RSI has also negated its lower top lower bottom formation.
Weekly MACD has also turned positive.
Prices could now head to its previous all time high of 67, and optimistically clear it to touch 89.
Bullish view remains valid as long as prices trade above 52.
Chart Patterns
Technical Indicators
Trend Analysis
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