Recent listing ( Feb 2025) of Moschip Technologies broke out from the IPO high price in early September with very good volume. Post breakout the stock moved from 200 to 270 real quick.
The stock was consolidating in a downward sloping channel. Since last two days the stock came out of the downward sloping channel with increase in the volume.
If the stock holds 240 levels, then it can demonstrate an up move till 320 levels in short term.
The stock was consolidating in a downward sloping channel. Since last two days the stock came out of the downward sloping channel with increase in the volume.
If the stock holds 240 levels, then it can demonstrate an up move till 320 levels in short term.
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