N wave with E, N & NT projection.
Currently price is near the edge of upper Kumo, indicating that the stock is at a critical level between bullish and bearish momentum. The Kumo appears to be slightly bullish.
Tenkan Sen is flat, which often indicates a potential consolidation phase.
The price is hovering around the Kijun-Sen, which acts as dynamic support/resistance. It's currently being tested as a support level.
The current movement suggests a potential breakout toward the projected levels (N and E waves).
If price breaks above the descending triangle and NT level (0.580). This would confirm the continuation of the uptrend.
R1 - 0.530 (Tenkan Sen)
R2 - 0.580 (52w high)
S1 - 0.500 (Kijun Sen)
S2 - 0.475 (Senkou Span A)
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
Currently price is near the edge of upper Kumo, indicating that the stock is at a critical level between bullish and bearish momentum. The Kumo appears to be slightly bullish.
Tenkan Sen is flat, which often indicates a potential consolidation phase.
The price is hovering around the Kijun-Sen, which acts as dynamic support/resistance. It's currently being tested as a support level.
The current movement suggests a potential breakout toward the projected levels (N and E waves).
If price breaks above the descending triangle and NT level (0.580). This would confirm the continuation of the uptrend.
R1 - 0.530 (Tenkan Sen)
R2 - 0.580 (52w high)
S1 - 0.500 (Kijun Sen)
S2 - 0.475 (Senkou Span A)
Note:
1. Analysis for education purposes only.
2. Trade at your own risk.
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.