BOGA.N - BOGALA GRAPHITE LANKA PLC
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
Share price closed above the support 60.00-62.00 with 3.34% gain on price. If the overall market keeps positive this area will be acting as a good support zone.
Breaking resistance zone 68.00-70.00 is very important. Breaking this zone with huge volume will open the path towards 80.00
The U shape and the dotted trend line can be considered as a cup and handle. But it is not the prefect resemblance of CnH.
Share price closed above the support 60.00-62.00 with 3.34% gain on price. If the overall market keeps positive this area will be acting as a good support zone.
Breaking resistance zone 68.00-70.00 is very important. Breaking this zone with huge volume will open the path towards 80.00
The U shape and the dotted trend line can be considered as a cup and handle. But it is not the prefect resemblance of CnH.
