The Green line seems to be an ascending trend for the stock to hug, since it was serving as support up to mid December, and seems to now be a resistance.
We have 515 as current support, and the first resistance on the horizontal line of 542, and the green line after that.
On the bull case, the stock should move to the channel between 542 as support and the greenline/570.
The bear case would be if the next rejection is at 542, without reaching the green line. If that is the case, it might fall back to what seems the next support at 500.
We have 515 as current support, and the first resistance on the horizontal line of 542, and the green line after that.
On the bull case, the stock should move to the channel between 542 as support and the greenline/570.
The bear case would be if the next rejection is at 542, without reaching the green line. If that is the case, it might fall back to what seems the next support at 500.
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.