DB Corp | Technical Outlook
On the daily timeframe, DB Corp is currently trading rangebound within a well-defined consolidation zone, with a strong support zone at 250–260.
The stock is respecting the 0.382 Fibonacci retracement level, with a critical support level placed at 254.
If this level holds, we may see a potential upside move towards 287.
However, if the support at 254 breaks, the next major support lies around 170–180.
Conclusion: Price action around the 254 level will be crucial for the next directional move.
Thank You !!
On the daily timeframe, DB Corp is currently trading rangebound within a well-defined consolidation zone, with a strong support zone at 250–260.
The stock is respecting the 0.382 Fibonacci retracement level, with a critical support level placed at 254.
If this level holds, we may see a potential upside move towards 287.
However, if the support at 254 breaks, the next major support lies around 170–180.
Conclusion: Price action around the 254 level will be crucial for the next directional move.
Thank You !!
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
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.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
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.