Watch how the stock was on a continuous Lower Low Patter and formed a Lower Low Trendline.
Simultaneously, there was also a formation of Convergence Divergence indicating an upward move.
Stock also broke out of the trendline with a strong green candle.
While the MACD Cross indicated a good entry after the Convergence Divergence, the breakout from the Trendline later indicated a confirmation for a move upward.
Coincidently, the stock also made a new Support zone at 3299 after a strong breakout from trendline.
Another MACD cross has also successfully happened in the last few weeks.
Do you think the stock can reach its All Time High again?
Give your comments in the Comments Section below:
Simultaneously, there was also a formation of Convergence Divergence indicating an upward move.
Stock also broke out of the trendline with a strong green candle.
While the MACD Cross indicated a good entry after the Convergence Divergence, the breakout from the Trendline later indicated a confirmation for a move upward.
Coincidently, the stock also made a new Support zone at 3299 after a strong breakout from trendline.
Another MACD cross has also successfully happened in the last few weeks.
Do you think the stock can reach its All Time High again?
Give your comments in the Comments Section below:
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