Inverse head and shoulders chart is in making.
Red lines are acting as target/resistance.
Recent price drop in the metal sector could be an opportunity to accumulate or make fresh entry.
Red lines are acting as target/resistance.
Recent price drop in the metal sector could be an opportunity to accumulate or make fresh entry.
Note
Strong Resistance is at 81 and Strong Support is at 65Note
alternative chart of this stock is available in comment, by which it seems to break the parallel channel.
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
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.