COLPAL – Falling Channel Support Reversal | 4.6% Upside Room
Colgate (COLPAL) has been moving inside a falling channel for the past few months — creating lower highs and lower lows.
🔴 Red circles = Every time price hits the upper trendline, sellers push it down
🟢 Green circles = Every time price reaches the lower trendline, buyers step in
This confirms the channel is strong and valid.
Now the stock has:
Taken support again at the lower trendline
Formed a bullish reversal candle
Started moving upward from this support
🔴 Red circles = Every time price hits the upper trendline, sellers push it down
🟢 Green circles = Every time price reaches the lower trendline, buyers step in
This confirms the channel is strong and valid.
Now the stock has:
Taken support again at the lower trendline
Formed a bullish reversal candle
Started moving upward from this support
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SiripiVenu
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.