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:
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.