this stock has corrected decently and is near the weekly 200 moving average of 166 and 50 % fib retracement as well, which would act as a major support and help start its journey up.
Trade active
When the index fell in wave 4, the stock prices took an even massive beating. hold on to your horses; the uptrend may take time, but the accumulation over the period can give fantastic returns over the next 2-3 years.CMP 160; taking support at weekly 200 MA, might be a good accumulation point
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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.