The stock is trading near-monthly and weekly price support i.e 2930-3020
Keep an eye on the price action near these levels for any bottom/reversal formation.
Bullish divergence near these levels can be seen on the daily chart.
Wait for more such positive confirmation in price action for initiating any positional trades in the stock with great RR.
Keep an eye on the price action near these levels for any bottom/reversal formation.
Bullish divergence near these levels can be seen on the daily chart.
Wait for more such positive confirmation in price action for initiating any positional trades in the stock with great RR.
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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.
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.