LIOC.N - LANKA IOC PLC

2023年4月5日

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.

Rejected by the Resistance 172.00-179.50 the share dropped with low volumes.
MA 20 looking to cross the MA 200 to create a death cross.
We are now looking at the golden pocket support zone. Previously the stock had bounced back after reaching this zone.

2023年4月11日

註釋

The share price moved up breaching the important resistance zone. Maintaining above this level is very important so that the upward momentum can be maintained.

Meantime it has created a falling wedge pattern too which is also another bullish signal.

2023年4月17日

註釋

Share price is looking for support at current resistance zone.
If this zone holds we will see a promising movement towards next levels.