It appears the stock has formed a triple bottom on the weekly chart. The stock has been consolidating for several months now. If the stock breaks above that resistance level, there could be a significant rally.
A clear-cut flag and pole pattern has formed. Today, the stock gave a mini falling wedge breakout within the flag with high volume, forming a new base and also completing the retest. It presents an excellent opportunity to go long.
A clear-cut flag and pole pattern has formed. Today, the stock gave a mini falling wedge breakout within the flag with high volume, forming a new base and also completing the retest. It presents an excellent opportunity to go long.
We can clearly see a falling wedge breakout with very good volumes. The mid-cap and small-cap indices corrected heavily from intraday highs, due to which this stock also came down. It retested the breakout and closed inside the support zone with a bullish hammer candle formation. We expect it to reach the 84 zone very soon, which is the ultimate resistance on the...
Bullish divergence is forming in smaller time frames. Buy signals have already been generated on the 1, 2, and 3-hour time frame charts. Expect the stock to test the 200 soon with a high chance of breaking it this time.