GO short if it breaks 240. very strong support. management has reduced their holdings. would not recommend buying until strong buying volume is seen and decent rise in price.
in weekly, price broke out of horizontal resistance with good volume, and candles are pushing upper BB and BB is expanding.
in daily, there was a BB squeeze then price closed above upper BB and BB started expanding,
overhead resistance at 430,
with a sl - 280, tgt - 430
Its long term trend is up, in daily time frame it is consolidating at support levels (horizontal + trend line).
Also hidden bullish divergence seen here.
with a sl below the support zone - 250, 1st tgt should be the swing high i.e. 297. Once the swing high broken, then it ll be more bullish and move further up.
1. Brigade Multiyear breakout
2. It is also ascending triangle breakout
3. Important thing is both breakouts is given with good volume
4. It trying to break resistance zone many times.
5. Continuously making higher lows
My target is 350+ in Short term and SL 145
