Daily chart, the stock 
1180 is trading in a descending triangle, with upper line R and lower S
It is seen as a short term trading opportunity between S and R.
However, the price should close 2 days above line R to activate the target 41.4 then 43.3
A stop loss should be considered below line R (32.9).
Be careful: Below support line S, the price can fall to next support line S1 at around 31.4
1180 is trading in a descending triangle, with upper line R and lower SIt is seen as a short term trading opportunity between S and R.
However, the price should close 2 days above line R to activate the target 41.4 then 43.3
A stop loss should be considered below line R (32.9).
Be careful: Below support line S, the price can fall to next support line S1 at around 31.4
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.