The chart has formed a double bottom formation with pivot point at 398.
383, 398 and 412 are also important support and resistance zones. Keep a close watch on the price action in these ranges.
The overall trend is positive though the stock my consolidate in the range between 369 and 383 in the short term. Beyond 383, 398 will act as immediate resistance and pivot point of the double bottom formation. The range between 398 and 412 can be used as buying range as well. Though aggressive traders can even take positions with 383 as breakout.
Short to medium term target of 472 and 500.
Very important is to set your stop loss and follow it very strictly.
383, 398 and 412 are also important support and resistance zones. Keep a close watch on the price action in these ranges.
The overall trend is positive though the stock my consolidate in the range between 369 and 383 in the short term. Beyond 383, 398 will act as immediate resistance and pivot point of the double bottom formation. The range between 398 and 412 can be used as buying range as well. Though aggressive traders can even take positions with 383 as breakout.
Short to medium term target of 472 and 500.
Very important is to set your stop loss and follow it very strictly.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。