CMP-41.1
Fibonacci level-.618(40.95)
50Days EMA-39.4(approx)
we can see the price is in consolidation mode since 23rd July. if invested don't panic, its just testing the patience level of investor. fundamentally it is awaiting for merger news confirmation for further upwards journey. on charts, double bottom formation is getting created which suggests a breakout is very possible in a few days.
Target is still at 50 from where it had faced rejection twice in the current trend.
Fibonacci level-.618(40.95)
50Days EMA-39.4(approx)
we can see the price is in consolidation mode since 23rd July. if invested don't panic, its just testing the patience level of investor. fundamentally it is awaiting for merger news confirmation for further upwards journey. on charts, double bottom formation is getting created which suggests a breakout is very possible in a few days.
Target is still at 50 from where it had faced rejection twice in the current trend.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.