Nazara Technologies Ltd. can experience a range breakout

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#Nazara Technologies Ltd (NAZARA)

  • Closing above the 20, 50, and 100 EMA on the weekly chart and taking strong support at the 20 EMA on the monthly chart are positive signs. These indicators suggest that the stock is in a bullish trend and could see further upward movement after breaking through resistance levels.

  • Additionally, the stock's recent performance and the company's strategic moves, such as raising funds and acquiring new gaming titles, further support the potential for continued growth

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