Airlink Technical Analysis: Potential Bullish SetupAirlink is moving in an uptrend, holding above a trendline, and is currently testing the 0.5 Fibonacci retracement level, a common area of support where buyers often step in. Price is also testing the 89-day EMA, a Fibonacci number that has historically acted as support, reinforcing the bullish outlook. Airlink is also a fundamentally strong company.
Trading Recommendations:
Buy 1 (CMP): 178
Buy 2: 166
Stop-Loss (Conservative): Closing below 118 (below the most recent higher low)
Stop-Loss (Aggressive): Closing below 140 (horizontal support level & below trendline)
Take Profit 1: 226
Take Profit 2: 268
Take Profit 3: Open
Happy trading!
