Observations:: the stock broken the trendline in Daily timeframe strongly, and tested the resistance. the previous resistance is acts as a support and price moved up again, testing the resistance one more time and now its again at the support. ---------->> If this time @ support showing some bullish pressure, if this will continue price will break the resistance easily, and creates a new high. --------->> we have a previous resistance @ 1500 range, this time it will test this range.
--------->> If price breaks 1300 range and support acts as resistance price falls below level of support @ 1200 range and below.
we have a trendline in smaller time frame as well, if breaks & retest will observe bullishness. Keep track this instrument.