Trend
Its at a bring to establish a downtrend once we see a confirmed close below 200day ema. For now its taking a pause at a very crucial support area if this is broken then we can go down south. For now i am not interested to catch a falling knife, let manazel show us a bullish price action to buy this bad boy.
Hit like & follow guys ;)
Manazel also performed very well last week with big volumes, after correction now its ready to go higher as we can see it have already established support. In case if it goes low from here it can go more down hopefully we should not see this scenario. Once it crosses 0.543 I think people will start placing big orders. Overall bullish stock !!
Hit like & follow guys ;)
Its been trading in the lower range for so many weeks now, today was a good day with higher volumes for Manazel. Its in a bullish chart pattern and hopefully if market is positive tomorrow most likely it will breakout to the upside. Today it failed to hold the gains but still looks positive. It should not open with a big gap down else it will turn into negative....
We are seeing positive price action on daily chart, as per the analysis I think more upside momentum is coming so its a good buying opportunity.
Hit like & follow guys ;)
