TATATECH / LINEAR REGRESSION
In the chart analysis, the linear regression channel developed by "LonesomeTheBlue" is being utilized. Currently, the price is attempting to breach the upper boundary of the channel. A close above this line today could provide further confirmation of a potential breakout.
Despite this, the downward-pointing red arrow suggests that the downtrend prevails, Therefore, it's crucial for bulls to maintain protective stop-loss orders.
Key support levels to monitor are at 1010 and 970. Additionally, the Fibonacci retracement levels highlight significant price points to watch closely.
Despite this, the downward-pointing red arrow suggests that the downtrend prevails, Therefore, it's crucial for bulls to maintain protective stop-loss orders.
Key support levels to monitor are at 1010 and 970. Additionally, the Fibonacci retracement levels highlight significant price points to watch closely.
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