SJS Enterprise near the resistance level
SJS enterprise has been hovering around the resistance levels.
In the chart I have drawn line of resistance, which once broken decisively can give good upmove.
Volume should be a major thing to check to see if any upmove will sustain or not. Currently it has been less volume in past few months but a good volume can make it go past the levels of 637-661-736 with base levels of 553-513.
Need to wait and watch to see how it behaves to see if doesn't break down.
No recommendation, just my personal view based on chart pattern.
In the chart I have drawn line of resistance, which once broken decisively can give good upmove.
Volume should be a major thing to check to see if any upmove will sustain or not. Currently it has been less volume in past few months but a good volume can make it go past the levels of 637-661-736 with base levels of 553-513.
Need to wait and watch to see how it behaves to see if doesn't break down.
No recommendation, just my personal view based on chart pattern.
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