๐ QUESS CORP LTD โ Weekly Chart Analysis
๐ฐ๏ธ Timeframe: 1W | ๐ Pattern: Cup & Handle Formation
๐ Chart Overview:
QUESS is exhibiting a classic multi-year Cup & Handle pattern, forming over 3 years โ a powerful technical setup indicating potential bullish continuation.
Currently, price is approaching a crucial descending trendline resistance that has been respected multiple times. A breakout above this level with volume confirmation could signal a major upside.
๐ Key Technical Highlights:
๐ Trendline Resistance: Near โน420
๐ข Immediate Resistance Zone: โน390โโน420
๐ Support Zone: โน325โโน300
๐ Breakout Watch: Close above โน420 (weekly) with volume = bullish confirmation
๐ Volume & Momentum:
Increasing volume on recent up moves
RSI trending upward (if included, add RSI screenshot or note over 60+)
๐ง Bias: Bullish (on breakout confirmation)
๐ What to Watch:
๐ Breakout above โน420 = trigger for swing/mid-term entries
๐ Breakdown below โน325 may invalidate pattern
โ ๏ธ Disclaimer: This is not financial advice. Chart shared for educational purposes only. Do your own research before investing.
๐ Follow for more chart setups | PriceAction_Pulse
๐ฌ Drop your views or questions in comments!
๐ฐ๏ธ Timeframe: 1W | ๐ Pattern: Cup & Handle Formation
๐ Chart Overview:
QUESS is exhibiting a classic multi-year Cup & Handle pattern, forming over 3 years โ a powerful technical setup indicating potential bullish continuation.
Currently, price is approaching a crucial descending trendline resistance that has been respected multiple times. A breakout above this level with volume confirmation could signal a major upside.
๐ Key Technical Highlights:
๐ Trendline Resistance: Near โน420
๐ข Immediate Resistance Zone: โน390โโน420
๐ Support Zone: โน325โโน300
๐ Breakout Watch: Close above โน420 (weekly) with volume = bullish confirmation
๐ Volume & Momentum:
Increasing volume on recent up moves
RSI trending upward (if included, add RSI screenshot or note over 60+)
๐ง Bias: Bullish (on breakout confirmation)
๐ What to Watch:
๐ Breakout above โน420 = trigger for swing/mid-term entries
๐ Breakdown below โน325 may invalidate pattern
โ ๏ธ Disclaimer: This is not financial advice. Chart shared for educational purposes only. Do your own research before investing.
๐ Follow for more chart setups | PriceAction_Pulse
๐ฌ Drop your views or questions in comments!
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.