Stock was falling since in a typical downfall manner - LL &LH
Suddenly there are volume Spikes since last few trading session and first time the lower high broken with recent low is made higher than previous one
Now if it breaks recent High (Daily close>1030) then there may be confirmed trend reversal.
The high volume bars gave some aid to Analysis.
Few more confirmations - Price closed today crossing daily EMA50
- Rsi trending up almost reaching 60
- Highest delivery today after 8th January
- closed above Supertrend.
Earliest Target can be Latest Daily EMA 200 : 1150-1160
Long term Targets are 1200,1300,1400+
SL can be 880
Keep watch and do your analysis and give suggestions in comments.
Suddenly there are volume Spikes since last few trading session and first time the lower high broken with recent low is made higher than previous one
Now if it breaks recent High (Daily close>1030) then there may be confirmed trend reversal.
The high volume bars gave some aid to Analysis.
Few more confirmations - Price closed today crossing daily EMA50
- Rsi trending up almost reaching 60
- Highest delivery today after 8th January
- closed above Supertrend.
Earliest Target can be Latest Daily EMA 200 : 1150-1160
Long term Targets are 1200,1300,1400+
SL can be 880
Keep watch and do your analysis and give suggestions in comments.
註釋
Trend reversal confirmed
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。