The stock is at a make or break point. Has been unable to break the resistance at about 331-333 levels. Multiple attempts at breaking it over various days but seeing a price rejection. Although, this time around the close was strong.
Long view: Seeing it reach all the way to the top of the parallel channel if sustains above 335 for a day.. can see 348-352 being the first resistance zone, post which we can see it at 380 levels.
Short view: If shows weakness though, sustaining below 330 can show 325/320 intra-day.
Long view: Seeing it reach all the way to the top of the parallel channel if sustains above 335 for a day.. can see 348-352 being the first resistance zone, post which we can see it at 380 levels.
Short view: If shows weakness though, sustaining below 330 can show 325/320 intra-day.
註釋
Gave both moves in one day itself. But as it did not sustain the day above 335, the short was the only idea active and gave a low of 302. Essentially, a safe short booking of 5-10 points done.. what else do we need intra-day?
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