Will GICRE break the ~5 yr bearish trendline and go long?
In weekly timeframe (mostly month/day), GICRE framing the bearish trendline from 2018 - it's acting as resistance and got rejected at least 4 times.
Now, it's in triangle pattern with support line (all time low support line) with bearish resistance trendline
It can see resistance around 137-143 and if it sustain above then it can go long. Next 4-6 weeks will be key for this stock.
Note: This is only for educational purpose and not for recommendations at all.
Now, it's in triangle pattern with support line (all time low support line) with bearish resistance trendline
It can see resistance around 137-143 and if it sustain above then it can go long. Next 4-6 weeks will be key for this stock.
Note: This is only for educational purpose and not for recommendations at all.
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