The stock recently tested its long-time trendline support. If sustains above may go in an uptrend. And if breaks the levels of 7200 on a closing basis, then wait to come down to the lower horizontal support channel. As shown in the chart.
Only for learning and sharing purposes.
best of luck.
After a 5 month consolidation, gave a good breakout.
now its in uptrend, good MACD buy. Can enter now and enjoy the uptrend with patience or can wait till ATH resistance breakout at 2896 above.
if the earnings are impressive on NOV1st the stock may give good/high returns.
Importantly the volume is under consolidation, one high volume trade is enough to break the...
