After 2 months base formation we had a strong breakout candle (Marubozu) & stock is taking a breathe from past 3 days.
Also as per Fib extension we had a pullback exactly from 1.618 level
Looks good till we are trading well above the breakout & targets can be 1180-1200 in short term
Also as per Fib extension we had a pullback exactly from 1.618 level
Looks good till we are trading well above the breakout & targets can be 1180-1200 in short term
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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.