Stock has made flag pattern on weekly chart and morning star formation in progress. Also retested its multi-year resistance levels of 100, which now acting as strong support.
Longs can be considered at cmp with SL 98 on weekly CB for target of 130 (20%) in short to medium term and 150+ (around 40%) in long term.
Kindly do your analysis before initiating trade.
Longs can be considered at cmp with SL 98 on weekly CB for target of 130 (20%) in short to medium term and 150+ (around 40%) in long term.
Kindly do your analysis before initiating trade.