ZOMATO LTDLong
Zomato - Broken the falling trend & in between the range
Hi
I am late to read this chart, it is evident that Zomato has broken the falling trend few days back, retested the same and now looking to reach ~60 or so. I have just purchased this on the current market Price.
Will probably look closely if this is a fakeout.
Also, the fib range from Jan 2023 are also giving an indication that the stock is not going below the Jan mid range, so this can also be a base test.
I am late to read this chart, it is evident that Zomato has broken the falling trend few days back, retested the same and now looking to reach ~60 or so. I have just purchased this on the current market Price.
Will probably look closely if this is a fakeout.
Also, the fib range from Jan 2023 are also giving an indication that the stock is not going below the Jan mid range, so this can also be a base test.
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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.