Sapphire Foods cmp 305.35 by Weekly Chart view since listed
_*Keep stock on watchlist for probable upside reversal from the Support Zone*_
Sapphire Foods cmp 305.35 by Weekly Chart view since listed
- Weekly basis Support seen at 264 > 226 > 189 with Resistance seen only at 343 > ATH 275
- Stock is trading within Price Range of 300 to 350 since making an ATH 375 in September 2024
- Price is trending along both the Rising Support Trendlines since long anow, as seen by Weekly Chart
- Multiple Repeated Bullish Rounding Bottoms are completed and are continuing currently well above the marked Support Zone Neckline
- One may interpret the above back to back Rounding Bottoms as VCP pattern too, as one my observe the chart to be in Rising Price Channel
- *Currently the Stock Price is hovering around the Support Zone with some demand based buying seen on Friday for probable upside reversal anticipation*
Sapphire Foods cmp 305.35 by Weekly Chart view since listed
- Weekly basis Support seen at 264 > 226 > 189 with Resistance seen only at 343 > ATH 275
- Stock is trading within Price Range of 300 to 350 since making an ATH 375 in September 2024
- Price is trending along both the Rising Support Trendlines since long anow, as seen by Weekly Chart
- Multiple Repeated Bullish Rounding Bottoms are completed and are continuing currently well above the marked Support Zone Neckline
- One may interpret the above back to back Rounding Bottoms as VCP pattern too, as one my observe the chart to be in Rising Price Channel
- *Currently the Stock Price is hovering around the Support Zone with some demand based buying seen on Friday for probable upside reversal anticipation*
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