As per my understanding, the stock has faced a bearish run and is now in the accumulation zone. My analysis here is, there will be a uniform movement for some more time and then will follow with a retest and a markup. No, I have not fixed any targets whatsoever. But, you can do it with the help of fibs or manually tracing the previous resistances (strong resistance only)
we can see the occurrence of a clear zone. This either gives a breakout or breakdown. we can also see there is multiple testing of Support and Resistance and finally took its breakout after reversal and clear confirmation (in 5m).
Check it in 5m timeline for better observation.
As per my finding, I feel once the green candle touches resistance it will go up. An hourly retest has been done. By Friday we can expect a green candle to settle above resistance.
