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can we see new high?
classic throw back and reversal from very important support level where also lies retracement level.
The stock is seen trading presently in a broad ascending triangle pattern. This is a bullish pattern and especially more potent as it is formed over couple of months. The stock is staring at a breakout from the current formation. Daily MACD has reported a positive crossover. Weekly MACD too has reported a positive crossover. They both are bullish ...
TGC With strength
CCI D crosses 100
CCI M >100
Target 875 / 922
Watching this stock with interest. Volume spike yesterday is interesting while the price action was muted. Stock is at fresh highs. Am watching this stock with interest.
Bluestar is in long term up trend.
In weekly, price crossed the previous swing high and closed above the upper BB. After a squeeze, BB is now starting to expand.
One should ride the trend here and gain the profit from the uptrend. sl should be below the horizontal support - 645.
tgt1 - 810 tgt2- 900.
first time breakout failed but again retested this level.
Very good to buy at current level with sl 520
Trail Sl only.
Have a look at the monthly chart. Price has edged above the multi-year broad trading range. A move past previous month high of 584 would be a major sign of strength. Am watching this stock for a potential long entry.