Stock has currently formed a good support at 116 levels. It seems to making newer Higher Highs since the last few weeks steadily. The most recent MACD Crossover has shown a good move upward. Currently the MACD Cross is in play on the Monthly Charts. Once it completes successfully, the stock could start seeing massive movement upward in the coming weeks/month.
Comment
Stock is almost up by 10% within a day. Congrats to those who entered the trade already.
Trade active
At our Entry zone again.
Comment
Looks like a resistance might be forming. Will need to wait for Monthly closing to get more clarity on the direction.
Trade closed manually
Achieved Max Profits of 17%. Unfortunately, the trend has reversed and going downward. Better to exit. Do not hold further. Congrats to those who where able to book up to 17% Profits.
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.