Weekly closing above 119 is a good sign for upward momentum.
Stock is also following trendline.
Support @ 119 is holding good for this week.
Expect stock to go up to next S/R zone at least.
MACD looking good for a good move upward too.
Stock is also following trendline.
Support @ 119 is holding good for this week.
Expect stock to go up to next S/R zone at least.
MACD looking good for a good move upward too.
Comment:
MACD Cross has still not completed. Keep watching and enter after successful cross only. Also weekly closing above 119 is a must for the stock to go to its next leg up.