Ressistance
NEGATIVE DIVERGENCE ON MONTHLY T/F.This has to happen because of the negative divergence over RSI on monthly time frame. Now, there could be two scenarios once it reaches its support, which you can clearly articulate from the chart itself. But according to various reports on commodities cycle, it's just getting started, so there are high chances it will bounce from its previous demand zone.
SWING idea for IIFLWAM#IIFLWAM is ready for its ATH level breakout, here in chart you can see good bullish hammer candle with high volume ever in this stock. above 1664 looks good for #swing trade, do not enter without proper Risk management. this is for educational purpose.