Stock is near verge of breakout 90-91 level. It has formed a rounding bottom near support levels.
As per the weekly chart it is creating higher lows from past few weeks. Currently there is a inside candle formed in weekly timeframe. However, it needs 3 more days to get confirmed how it will appear.
I still believe that the stock is bullish above 87-86 levels. If it goes for retest, it will be good opportunity to accumulate some qty around 88.50.
We can keep SL around 85, it has potential to go upside T- 100, T2- 110.
This is only for educational purpose, please manage your risk accordingly.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.