I see a nice rounding bottom formation making Higher High and Higher Lows. Continuing with the trend it seems well set to go all the way to the top.
BUY above high of the brakeout candle at 424.6 with sl of 410.95 minimum 1:2 take profit
This chart analysis is just for educational purpose and no buy or sell recommended. Chart is self explanatory.
Key Highlights: 1. Bullish market structure - HH, HL 2. Massive volume expansion 3. Moving in a Pennant. Completing the Bull flag. 4. Currently at a major resistance zone 5. Close above 720 will trigger a good rally 6. Target: 791, 870. Stop Loss: 640 I have made an illustration on the left-hand side, to explain the bull flag/flag & pole pattern. You are...
technically stock weak if trades below 300/310 mark in coming month (long term trend) now at 382 as its shown a steller run from 230 to 400 thus a retracement upto 300 cant be ignored but overll current trend support a buy on dip(long term)