Price at Low-Risk Buy Zone
The stock has been moving inside a falling wedge + rising support channel for months.
Every touch on the support line has triggered a strong upside reversal
→ Demand zone confirmed ✔️
Now price has taken yet another bounce from the same support trendline —
which means buyers are not letting price fall below this structure.
Meanwhile, the upper trendline is compressing price, creating a breakout pressure zone 🔥
The stock has been moving inside a falling wedge + rising support channel for months.
Every touch on the support line has triggered a strong upside reversal
→ Demand zone confirmed ✔️
Now price has taken yet another bounce from the same support trendline —
which means buyers are not letting price fall below this structure.
Meanwhile, the upper trendline is compressing price, creating a breakout pressure zone 🔥
SiripiVenu
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.
SiripiVenu
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.