Past few candles are nearing the low support level. It is evident by increasing sell volumes 9-10m approx in last 3 days.
Also MACD fastline is nearing to cross the slowline from above.
Wait for confirmation. If the price rebounds from 2nd bottom, it is definite buy call
1st TP ~ 1950
2nd TP ~ 2019
The stock reflects the classic triple bottom pattern which I initially began tracing as cup and handles only to notice later that these multiple back to back cups are actually a triple bottom pattern.
Classic price target {The breakout level + height } has been successfully achieved.
The strong back to back bullish candles with huge volumes and a aggressive...
