The stock has been in a long term uptrend
The overall volume indicates bullish strength in the stock
In the previous month resistance of 502.5 was broken, thus turning the zone into support
Currently a small cup and handle pattern is visible in the stock
The breakout candle is supported with a rise in volume and atr
Thus, for a short term trade,
tgt 699, sl 612.5
The overall volume indicates bullish strength in the stock
In the previous month resistance of 502.5 was broken, thus turning the zone into support
Currently a small cup and handle pattern is visible in the stock
The breakout candle is supported with a rise in volume and atr
Thus, for a short term trade,
tgt 699, sl 612.5
Trade closed: target reached
target reached
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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.
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.