After split the stock has rallied, almost 12% which now has put the prices at resistance zone (106-110) which was acted as a strong support.
The zone is around 106 - 110
-------------------ππ»ππ»ππ» Some bad about this stock 1) prices trading below 200 day moving average. 2) Price corrected recently 45% which is huge. 3) The volatile metal prices, making business projections , dismal. 4) On chart we are seeing that it is trading below 110 level which was support earlier.
+++++++++++++ππ»ππ»ππ» Some Good about this stock 1) Stock prices has shown a big rally recently 2) Overall market sentiments shifted slightly bullish , as after expected FED policy. 3) Metal sector overall on chart is bullish in short term. 4) RSI crossed 70 on daily chart , many will argue at this point that it is overbought case, but I don't think so. 5) Quarterly results were average.
============= Conclusion : Stock will be bullish above breakout of resistance zone , so plan accordingly.
ππ»ππ»ππ»ππ»ππ»ππ» Comment below if you want to add or correct anything.
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