Long
Will test the Levels of 2018.
Two-Week Chart Analysis:
The stock has exhibited a remarkable upward trajectory since the covid fall of 2020, demonstrating substantial gains. It is now nearing the resistance channel observed in 2018, a significant technical juncture.
In order to sustain and potentially extend this upward momentum, the stock must breach the critical 6300 level. Failure to do so may prompt a retesting of the established support range.
The forthcoming period warrants a vigilant observation to determine whether the stock manages to overcome the resistance channel. Additionally, note the presence of a potential cup and handle pattern, which merits further examination. Stay tuned for developments.
The stock has exhibited a remarkable upward trajectory since the covid fall of 2020, demonstrating substantial gains. It is now nearing the resistance channel observed in 2018, a significant technical juncture.
In order to sustain and potentially extend this upward momentum, the stock must breach the critical 6300 level. Failure to do so may prompt a retesting of the established support range.
The forthcoming period warrants a vigilant observation to determine whether the stock manages to overcome the resistance channel. Additionally, note the presence of a potential cup and handle pattern, which merits further examination. Stay tuned for developments.
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.