Coming out of 30months base. A low cheat triggered last month (September2023) and there after cheat trigger was breached too. Volumes have started coming in since low cheat breakout.
It has moved more than 50% since the low cheat. and now it is heading for pivot.
Remember pivot is not yet formed. So do not hurry to enter and wait for proper entry setup. 43-51 is small resistance/supply zone.
Stock is trading above all its key moving averages. Trend based fib levels comes out as 54 - 63 - 74 in the future.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
It has moved more than 50% since the low cheat. and now it is heading for pivot.
Remember pivot is not yet formed. So do not hurry to enter and wait for proper entry setup. 43-51 is small resistance/supply zone.
Stock is trading above all its key moving averages. Trend based fib levels comes out as 54 - 63 - 74 in the future.
Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade this counter then do your own due diligence and trade at your own risk.
Nota
Target 1 & 2 done. 48.65 --> 69.70
~43% gains
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.