Its now approaching a strong resistance level that is 2.40 - 2.42 level. This can be a bull trap too so lets wait for it to cross the resistance with a proper candle close. Still the price is below 20 day moving average which is acting as resistance zone. Most of the stocks are now recovering from last 3 to 4 weeks selling pressure just a small bounce should not be considered as reversals as most of the time they act as a bull trap.
Hit like & follow guys ;)
Hit like & follow guys ;)
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