GLOBALVECT was in a strong downtrend and has been forming a base for more than 2 years.It gave breakout from the base, ready to start an uptrend.
Volume expansion looks bullish and stock has taken support on 30 EMA (weekly TF). Look to enter at CMP or after some consolidation. Momentum looks very bullish.
Targets are open. Buy and hold after more bullish confirmation.
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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.