TOWR stock moving in a downtrend for the medium term. Now the price has reached the trendline support area and the previous classic support area around 1000 to 1050. On the weekly timeframe, it can be seen that there are many candles showing 5 times rejection in the support area. So this can be a reference that prices will rise even higher. #Disclaimer: Not a...
DISCLAIMER ON This analysis is not financial advice. Please note that you are responsible for your own investments. This chart only represents my opinion and view about the stock market in general and may be used only for educational purposes.
Hello Enthusiast Stock Traders! Here's Long-Term outlook for TBIG , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) TBIG has broken out of the wide range bullish channeling. This could be an indication of potential bullish movement ahead. The MACD already crossed above the zero level area, it signify the potential upside...
As we can see here, the daily chart made a perfect cup pattern from 1 Mar to 3 Jun 2021. Currently price are moving upwards to make a handle. 1270 is the current resistance.
But first, we are going to see the reaction which will be shown when it touch MA200 @960-965.