NATIONAL ALUMINIUM CO LTD
Telah dikemas kini

NATIONALUM | Multiyear BO | 16-years BO | Monthly Chart

2554
Chart analysis:
Pattern: Basing pattern is formed. Consolidation might happen near breakout zone after a big rally.
Breakout: Basing pattern is broke the All Time High (ATH) price after 16 years.
Volume: Volume action is clearly visible near breakout zone.

Trade setup:
Entry price: Close of 148.40 price break candle.
Stop loss: Below Low of price breaking candle or previous candle.
Target 1: 226.35
Target 2: 257.5

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Nota
Chart analysis in Daily time frame:
1. The price is above 21 EMA (short term trend), 50 EMA (medium term trend) and 200 EMA (long term trend) indicating a strong uptrend.
2. Using Fibonacci retracement tool, the price reached 0.786 level and expecting to reach price 159.4.
Nota
The daily target is reached today i.e., 159.4 as mentioned in previous comment.

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.