After the high of 739.85 the stock corrected almost 50% with strong support at levels around 370-375.
Double bottom formation with stock price closing near the 40 weekly moving average.
The price crossing the 40 weekly moving average with good volume would be a positive sign.
Important levels to watch: 416 which is the neckline with initial targets of 427 and 450.
Might see some resistance at 450, beyond which 495-500 could be a possibility in the medium term.
Keep a strict stop loss at 5-8%. Also price falling below the support zone of 376 would trigger caution.
Note: Not a buy/sell recommendation. Do consult your investment advisor.
Double bottom formation with stock price closing near the 40 weekly moving average.
The price crossing the 40 weekly moving average with good volume would be a positive sign.
Important levels to watch: 416 which is the neckline with initial targets of 427 and 450.
Might see some resistance at 450, beyond which 495-500 could be a possibility in the medium term.
Keep a strict stop loss at 5-8%. Also price falling below the support zone of 376 would trigger caution.
Note: Not a buy/sell recommendation. Do consult your investment advisor.
注释
Below 376
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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。