Netweb has been on an uptrend since Feb 2025 and today it breached a key support turned resistance zone with huge volume. With a +11.48% gain combined with huge volume, the stock also breached the angular resistance trendline as indicated. Short-term EMAs are in positive cross-over state indicating bullish signs.
The recent quarter earnings are also positive for the stock.
If the uptrend momentum continues, then we may see the stock go upto 2940 range. On the downside it may go to 2190 range. The price action on the coming days would be key.
The recent quarter earnings are also positive for the stock.
If the uptrend momentum continues, then we may see the stock go upto 2940 range. On the downside it may go to 2190 range. The price action on the coming days would be key.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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.