5269 is exhibiting strong bullish reversal at the bottom after the stock had a strong break above 1,285 resistance. Furthermore, the key support at 1,150 is well supported after a break below is seen as a bear-trap. Both stochastic oscillator and 9-period ROC is oversold and both displayed bullish divergence. 1,800 will be the near-term target. 
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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.