UNITDSPR – Weekly Timeframe Analysis
This is the weekly timeframe chart of UNITDSPR. The stock is currently taking support from a well-defined channel, along with a short-term pattern support in the range of 1250–1300.
From an EMA perspective, two key support levels are visible:
Immediate support near 1230
Strong/extreme support near 867
Additionally, the RSI is indicating a support zone, aligning with the current price action near support levels.
However, there is a minor negative pattern forming. If the stock shows a slight breakdown from the current support zone, it may move towards the second EMA support level. Otherwise, if the current support holds, a reversal can be expected.
In case of a reversal:
The first target is around 1500 (range-bound resistance)
A breakout above this level could lead to an extended move towards 2000+
This is the weekly timeframe chart of UNITDSPR. The stock is currently taking support from a well-defined channel, along with a short-term pattern support in the range of 1250–1300.
From an EMA perspective, two key support levels are visible:
Immediate support near 1230
Strong/extreme support near 867
Additionally, the RSI is indicating a support zone, aligning with the current price action near support levels.
However, there is a minor negative pattern forming. If the stock shows a slight breakdown from the current support zone, it may move towards the second EMA support level. Otherwise, if the current support holds, a reversal can be expected.
In case of a reversal:
The first target is around 1500 (range-bound resistance)
A breakout above this level could lead to an extended move towards 2000+
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
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.
@RahulSaraoge
Connect us at t.me/stridesadvisory
Connect us at t.me/stridesadvisory
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.