The stock has taken support it seems and the level has been tested quite a few times. One can initiate a long position near the green zone and hold for a 10-12% move on the upside and keep a 4% SL. If If the stock bounces from this level then the stock might form a triple bottom formation.
Comment: The stock has had a great move today. The stock has given more than 25% return in the last 2 sessions.

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.