It has finally taken off!!
Fib - this is the first time the stock has shown strength. the recent dip to 38.2% was an indication of strength. Fib extension is indicating immediate resistance at 3100. Above this we will see 4K.
RSI- The oscillation of the RSI was always within the bull range, indicating bull trend being intact. The higher support now is an indication of further strength.
Conclusion - to me this stock has finally taken off. So hold it if u have. wait for some correction for fresh entry.
RSI- The oscillation of the RSI was always within the bull range, indicating bull trend being intact. The higher support now is an indication of further strength.
Conclusion - to me this stock has finally taken off. So hold it if u have. wait for some correction for fresh entry.
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