All time hight
• Value in the chart is similar to Mount Everest in series. • Left shoulder start building from July 2021 to September 2021. • Left shoulder High 2300-2370 life time. • Header and shoulder pattern breakout in the dalmiabharth chart. This level, which peaked in July 2021 and acts as resistance, descends to the 1840 level (50 SMA Weakly chart).
Right shoulder encounters resistance between 2280 and 2300, with a downward (100sma) support level of 1860–1870. Header formation from 2300 level to 1200–1220 (200sma) level was accomplished over a two-year period.
Today's stock closed above this level, confirming that the stock has broken out at the 2290-2300 level and that it has sustained all-time high levels.
• This pattern's target is 3300, with a stop loss of 2190 points below this level as the baseline.
No recommendation for buy and sell
Take your own analysis
Right shoulder encounters resistance between 2280 and 2300, with a downward (100sma) support level of 1860–1870. Header formation from 2300 level to 1200–1220 (200sma) level was accomplished over a two-year period.
Today's stock closed above this level, confirming that the stock has broken out at the 2290-2300 level and that it has sustained all-time high levels.
• This pattern's target is 3300, with a stop loss of 2190 points below this level as the baseline.
No recommendation for buy and sell
Take your own analysis
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.