CARTRADE
In our earlier post (dated 5-Jul-23), we highlighted initial signs of Trend Change in the stock with the Weekly RSI moving past its peak around 50, with price confirming the false breakdown with huge volume spike.
Currently, prices have confirmed an Inverse Head & Shoulders pattern.
Prices are likely to head to its next resistance zone between 695-725.
Bullish outlook remains valid as long as prices stay above 470 (right shoulder low)
