Share prices have broken out to the upside from the upward price channel in the last trading session. It has also breached a wedge price pattern and a critical resistance price point at 185.71.
Share prices need to break and hold above 188.51 resistance before confirming the breakout to the upside. If it breaks through 188.51 resistance then the next two resistance/price target is at around 192.64 and 198.04
Failure to break above 188.51 could see prices pull back to the inside of the price channel at around 181.36 or 177.00.
Share prices need to break and hold above 188.51 resistance before confirming the breakout to the upside. If it breaks through 188.51 resistance then the next two resistance/price target is at around 192.64 and 198.04
Failure to break above 188.51 could see prices pull back to the inside of the price channel at around 181.36 or 177.00.
