A clear symmetrical triangle breakout on monthly time Frame
Stock is retesting which is a good sign.
Its near its 50Dema
Can be good if it manage to give closing above 123 cause there is a counter trend line in 60min time Frame. Stock is continuously getting rejection from this.
Or if it breaks down it can come to 100 levels which is a really good addition zone
The previous supply zone and 200DEMA support
Risk Reward is much higher at this level
Stock is retesting which is a good sign.
Its near its 50Dema
Can be good if it manage to give closing above 123 cause there is a counter trend line in 60min time Frame. Stock is continuously getting rejection from this.
Or if it breaks down it can come to 100 levels which is a really good addition zone
The previous supply zone and 200DEMA support
Risk Reward is much higher at this level