The chart is utterly bearish being out of range of ling term and short term chart of Gann Fan. 65 seems to be a good support. Any estimation cab be done only when the stock crosses 78 and then 98 on closing basis.
Query : I have bought IZMO at 112. Now price is falling. What to do?
Price action is trending inside an upward channel and has formed double top. That is the technical reason for the fall in price. If it sustains 102, price will reach 118. Resistance is seen at 118 - 121 levels. To move up further, resistance should be taken out. Whether it is trading or...
stock is working on ascending triangle pattern..
120 lvl is important..
If it is cross it with volume.. then you may make long position.
if you are holding it already then wait till below support level as given on chart..
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IZMO
