Description
⋅ After a drop from 300, the stock has formed a strong support at 180.
Current price action display a potential upmove for the stock above 209 levels.
For postional target of 220, 230 and 240 in the short to medium term.
Have a stop loss at 5-8% if the trade doesn't go as per plan.
Note: Not a buy/sell recommendation. Please consult your financial advisor.
Comment
⋅ 216 is an important zone. Once the stock price moves beyond it with good volume and momentum, then we can see further upside movement.
Comment
⋅ 230 achieved.