It is been observed on the daily chart that the price action forms a bullish Marubozu candlestick pattern with a breakout from a downward trend line indicating buyers dominance over the price action and control over prices. It shall move further up to next resistance levels.
Target 1: 332
Target 2: 340
Stoploss: 312
Target 1: 332
Target 2: 340
Stoploss: 312
Trade active
Trade active
Trade active
Trade active
Still holding strongTrade closed: stop reached
Trade active
Note
Today it did turn up and reach to 340 levels. Regards
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Related publications
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.