🔎 AMBALALSA | Long-Term Ascending Triangle 📈
This 20-year chart is a gem for pattern hunters!
AMBALALSA is consolidating within a massive ascending triangle, with price approaching the apex.
🟢 Support trendline intact since 2013
⚫ Resistance around ₹70–75 tested multiple times
⚖️ Current zone (₹38–42) is the make-or-break area!
➡️ Breakout = multiyear move likely
⬅️ Breakdown = long-term trend may pause
🧾 Decent earnings bounce in Mar 2024 after shaky quarters.
Is this the calm before the storm? 🌩️
This 20-year chart is a gem for pattern hunters!
AMBALALSA is consolidating within a massive ascending triangle, with price approaching the apex.
🟢 Support trendline intact since 2013
⚫ Resistance around ₹70–75 tested multiple times
⚖️ Current zone (₹38–42) is the make-or-break area!
➡️ Breakout = multiyear move likely
⬅️ Breakdown = long-term trend may pause
🧾 Decent earnings bounce in Mar 2024 after shaky quarters.
Is this the calm before the storm? 🌩️
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.