Gillete in July had a very huge volume but was not able to sustain at higher leve of fibonnacci and its correcting. Looking at chart its in a trend and if it breaks last weeks low and closes below it then it may fall below 4800 where it has a strong support zone. Wait for the trend line breakout on either side. This is not intraday stock hence will not rise daily.
On Monthly the MACD has a positive crossover
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The stock did not breaks its previous monthly candle low. And today we can see volume coming in. Buy for first target of 5300 If breaks 5316 and sustains then next target 5600 & T3 - 5900 Strong support in range of 5700-5800 zone.
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Please move the stop loss to 5000 which is psychological level
Dagangan aktif
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Gillette broke out of its resistance and now we can see the upmove till 5700 in near term