A rally to the highs very likely!!
BOB CMP 228
Fib- the stock has taken support at 38.2% from a higher swing and that's strength.
Trendline- It has also taken the support above the rising trendline. The steep trendline is broken hence it is slowing down.
Conclusion - It should go back to 265 as a minimum tgt.
Fib- the stock has taken support at 38.2% from a higher swing and that's strength.
Trendline- It has also taken the support above the rising trendline. The steep trendline is broken hence it is slowing down.
Conclusion - It should go back to 265 as a minimum tgt.
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