Current Price: 5,408 (near recent highs).
Current Trend: Strong bullish momentum; stock is trading above key resistances.
Support Zone: Immediate support at 5,300 – 5,350. If this holds, uptrend remains intact.
Resistance Zone: Next resistance is around 5,500 – 5,550. A breakout above this can push toward 5,650+.
Indicators: Daily candle structure is bullish, showing higher highs and strong buying interest.
Outlook:
Above 5,500 → continuation of bullish rally.
Below 5,300 → minor weakness; may slip toward 5,200.
👉 In short (with 5,408 price):
Bullish tone.
Range to watch: 5,300 – 5,550.
Current Trend: Strong bullish momentum; stock is trading above key resistances.
Support Zone: Immediate support at 5,300 – 5,350. If this holds, uptrend remains intact.
Resistance Zone: Next resistance is around 5,500 – 5,550. A breakout above this can push toward 5,650+.
Indicators: Daily candle structure is bullish, showing higher highs and strong buying interest.
Outlook:
Above 5,500 → continuation of bullish rally.
Below 5,300 → minor weakness; may slip toward 5,200.
👉 In short (with 5,408 price):
Bullish tone.
Range to watch: 5,300 – 5,550.
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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.
Related publications
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.