IPO stock forming a base or a bottom.
Inference of bottom has been based on-
1: Fib retractament levels
2: RSI divergence on higher TFS
3: Spring action at above important levels
First logical target from here is definitely the IPO open price around 390-400 region.
Will update accordingly based on PA on the above region.
I would be no more bullish on it if it closes below 310 on daily.
Inference of bottom has been based on-
1: Fib retractament levels
2: RSI divergence on higher TFS
3: Spring action at above important levels
First logical target from here is definitely the IPO open price around 390-400 region.
Will update accordingly based on PA on the above region.
I would be no more bullish on it if it closes below 310 on daily.