The resistance is broken by a big bullish candle and a morning star pattenr was formed 1 day before. So with a little risk, you can buy. This stock is promising. The RSI and MACD are good as well.
The stock looks good above 49.65 for 7-8% further upmove positionally
Disclaimer: This stock is not for weak hearted buyers. The volatility is high on a daily basis, however, the price range is small. In other words, the fluctuation is not for investors who are driven by emotions. Before I start, I would like to tell you that I am also personally holding shares of SPIC and would like to share my strategy with you. Fundamental...
SPIC can be seen breaching the resistance, If manages to close above 35.20 lvl today, can go long for the target of 39.45. THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS.
* Complex Inverted Head & Shoulder Breakout in Weekly chart with High volume . Buy on every dip strategy .
The chart itself is yelling!
Buy SPIC only above 22.5 with Stop-loss at 20.3 for first target of 25. Idea is for 16th July 2020 onwards and I will update it if it is triggered or in case it is no longer valid. Reason is RSI hidden divergence
Bullish breakout on heavy volumes. prices heading higher. Sl 36 closing basis. MACD in buy mode.
Everything mentioned over chart...