The stock has been in a range since 2021, with couple of BreakOuts (2023 & 2024) which did not sustain momentum. Past 3 weeks the stock has gained appox: +29% with huge volume buildup. The short-term EMAs are in PCO state, indicating an uptrend. The stock may BreakOut of the resistance zone (398 - 406), if buyers show interest in the stock to take it further up.
Watchout for next week's price action!!
Watchout for next week's price action!!
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.