64-72 rs band is acting as a resistance since 2014, but it is tested multiple times, This will be 10 year breakout 45 rs level is breakdown level. Stock just formed a narrow range below breakdown level for 4 months and recently gave a breakout.
High chances that stock will cross 45 rs.
After crossing 45, 64-72 will be first target. Beyond this area stock will double 92-98.
Not a Trade Advice/ Recommendation. Do your own analysis/ Consult your Advisor.
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Volume Contraction & Breakout out of narrow range.
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Monthly Consolidation. Can be a Great buy for long term.