Tarsons breaking the resistance
Tarsons has been in the down trend since a long time and in the downward channel. It showed signs of up move earlier but didn't sustain and on the downward continuation it has formed a pattern such that it has crossed the upper channel line after the retracement. So it's possibly on the verge of starting it's move north. Overall market conditions to keep in mind and also the support line will now be the red line from the chart.
I am looking it's levels of 503-554-608-680 after which I can expect some retracement from there. Only possible if current move decisively crossed the levels of 474.
Support which I am looking for this is 445-419. Volume is key factor to reach those levels.
No recommendations, Just my view based on the chart pattern.
I am looking it's levels of 503-554-608-680 after which I can expect some retracement from there. Only possible if current move decisively crossed the levels of 474.
Support which I am looking for this is 445-419. Volume is key factor to reach those levels.
No recommendations, Just my view based on the chart pattern.
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