TV Today Network moving out of resistance line
TV Today Network is a slow runner and currently from the chart pattern it seems to be crossing the resistance line indicated in blue pt1 and showing signs of forming a triangle pattern so as to move on the up.
Next big resistance is indicated by the red line and it will reach only if the current move is sustained and supported by huge volumes. Levels of resistances on the up are 301-323-346-382 and eventually the red line whereas the support for it would be 190 for a strong support.
No recommendations, just my view based on chart pattern.
Next big resistance is indicated by the red line and it will reach only if the current move is sustained and supported by huge volumes. Levels of resistances on the up are 301-323-346-382 and eventually the red line whereas the support for it would be 190 for a strong support.
No recommendations, just my view based on chart pattern.
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