The shares are down 3.45% as I write. On the , today’s candle engulfs gains of last four trading sessions. Last week also marked failure to sustain above daily 200-MA level.
Consequently, prices could be heading lower to daily 100-MA level of 305.18 over the next few days.
On the higher side, only day end close above 200-DMA would signal continuation of the rally from June 24 lows.
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