The stock has recently broken out of a consolidation base with strong upward momentum, retesting its listing day high before making a new high. This breakout is accompanied by a noticeable increase in volume, confirming significant buying interest and lending strength to the bullish move.
The chart highlights a tight consolidation phase over the past 10 weeks, forming a solid base for the breakout. Additionally, the stock is trading well above its EMA (Exponential Moving Average), signaling a sustained bullish trend. The EMA continues to act as a reliable support for the ongoing rally, reinforcing the positive outlook for the stock.
The chart highlights a tight consolidation phase over the past 10 weeks, forming a solid base for the breakout. Additionally, the stock is trading well above its EMA (Exponential Moving Average), signaling a sustained bullish trend. The EMA continues to act as a reliable support for the ongoing rally, reinforcing the positive outlook for the stock.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.