✅ The stock has broken out of a descending triangle pattern with strong bullish momentum. It is now trading above 1040, indicating potential for further upside in the near term.
✅ The RSI is at 65, reflecting strong buying interest and room for more gains before becoming overbought. If the momentum continues, the next target could be around 1100-1150.
✅ The breakout is supported by increasing volume, adding to the conviction of a continued upward move. Watch for sustained price action above 1040 for confirmation of the breakout.
✅ The RSI is at 65, reflecting strong buying interest and room for more gains before becoming overbought. If the momentum continues, the next target could be around 1100-1150.
✅ The breakout is supported by increasing volume, adding to the conviction of a continued upward move. Watch for sustained price action above 1040 for confirmation of the breakout.
Note
Now at 1100
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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.