Asian Granito has formed a ascending wedge pattern. Ascending wedge is often very powerful pattern and breaking that will have serious effects. Stock found resistance at AB =CD pattern. As stock is already consolidating in the current levels break of this levels next stop is 380. Any ignorance and break out from of all these trendlines and patterns means, we are ...
After a fantastic up move, stock is taking a pause and getting accumulated for further upside.
Volume profile suggest price is in accumulation zone.
Once breakout then, Fib Extension Targets:-
Target 1- 320
Target 2- 350