1. Price is currently high above the multiyear strong support and ascending parallel channel
2. Fib 0.618 retracement done in monthly which is exactly matching with the support line of 44.95
3. After the RB breakout, it formed a flag pattern in monthly and yet to breakout.
4. Once breakout done, first target will be 90.51 and second target will be 220
5. Note: This setup is for long term only. So patience needed to achieve the desired results.
Note: This is for educational purpose only and not a stock recommendation.
2. Fib 0.618 retracement done in monthly which is exactly matching with the support line of 44.95
3. After the RB breakout, it formed a flag pattern in monthly and yet to breakout.
4. Once breakout done, first target will be 90.51 and second target will be 220
5. Note: This setup is for long term only. So patience needed to achieve the desired results.
Note: This is for educational purpose only and not a stock recommendation.
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.
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.