Netweb has been on an uptrend since Feb 2025 and today it breached a key support turned resistance zone with huge volume. With a +11.48% gain combined with huge volume, the stock also breached the angular resistance trendline as indicated. Short-term EMAs are in positive cross-over state indicating bullish signs.
The recent quarter earnings are also positive for the stock.
If the uptrend momentum continues, then we may see the stock go upto 2940 range. On the downside it may go to 2190 range. The price action on the coming days would be key.
The recent quarter earnings are also positive for the stock.
If the uptrend momentum continues, then we may see the stock go upto 2940 range. On the downside it may go to 2190 range. The price action on the coming days would be key.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.