Stock is moving in a channel. Currently at support / lower end of channel. As this level have been tested multiple times, might break and give a short opportunity ! However, a good bullish signal / candle might also give a good long opportunity + good R::R! Worth keeping a watch! Note: Stock is in downtrend from last 2 years!!
Stock is in uptrend + respecting MA 200. Gave the breakout after build up and taken support at previous resistance / breakout area. Currently seems to be consolidating, respecting trend line. If breaks the trend line, might run for ALL Time High! Current scenario seems to be favouring long opportunities !!
Facing resistance at MA 200. Might follow the same or might break and change the trend! Worth keeping a watch!
Might give a good move after trend line break & run for gap fill