LIBERTSHOE - Weekly Chart Analysis, CMP-369.90
After consolidating for a year now it has broken the supply zone 284-334 on good volumes.
Earlier it tried twice but did not sustained. Went into good base formation thereafter.
280-284 shall now act as good support. Weekly close below this will weaken it again.
Over the upside, 442 - 469 - 579 - 898 are the levels that can be tested over the long term.
Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Earlier it tried twice but did not sustained. Went into good base formation thereafter.
280-284 shall now act as good support. Weekly close below this will weaken it again.
Over the upside, 442 - 469 - 579 - 898 are the levels that can be tested over the long term.
Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk.
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