On a slanted trendline, the stock is coming to test the resistance multiple times and finally has broken out and after retest, given a breakout again. Results are ok - declined but still not by a huge margin - this is the only reason why I am not very much convinced but the chart is super strong. Lets see how it pans out. Not a recommendation. I am NOT invested in this one, but my position can change at any time.
Note
Spending time at horizontal level ATH resistance. once it breaks out, the immediate target which I think can be 5300 in 4-5 months.. But yes this is just for study, i am learning technical analysis - dont trade based on my analysis. you might incur heavy losses if you do.
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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.