Monthly Time Frame Bullish stock-RSI above 60 and Price above 20 MA
Weekly Time Frame Trading in very narrow range 112 to 117 since last 3 weeks. Very Low Volatility- Actually Consolidation
Daily Time Frame Price making Higher Bottom with supply zone at 118 Price Made Morning Star on 16th Aug 24 and Twizzer Bottom on 28 Aug 24 Price Taken Support at 20 SMA and 200 MA Good Volume in last 2 trading Session 29th and 30th Aug 24 RSI Bullish Diversion ( 5/8/24 and 16 Aug 24. Very Near to 40 support making it High Probability Trade Fib 50 percent Retracement
Challenges Immediate Resistance at 118 Also Multiple Gaps Target 1- 128 Target 2-138
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.