Mazdock: Reversal from Strong Support with Volume

322
1. Strong Support Zone Holding
Mazdock has rebounded from a key support level, confirming buying interest.
Multiple touches at this level indicate a strong demand zone.
2. Volume Surge on Reversal
Increased buying volume signals institutional accumulation.
3. Potential Targets & Stop-Loss
Immediate resistance: Near previous swing high.
Breakout target: Box pattern height added to breakout level.
Stop-loss: Below recent support or breakout candle low.

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.