Description
⋅ In consolidation mode, might still chop around in that range bound channel. Need to take out 440 for trend reversal and breakout.
Comment
⋅ Strong support at 312 levels, it will test the 200 DMA red line. Will be good point to start accumulating at these levels in small positions.
Trade closed: target reached
⋅ Reached 312 on Nov 22. Now testing 200 DMA, make or break for this stock.