It just broke 208; a level of importance. This level has been a long term support and when it broke down, the stock went bearish. Now, things have changed and it broke this level with volume. It may retest the support or test the channel top but due to last two candles having massive volume, things are very bullish given the MACD. Risk is moderate as the RSI is going towards oversold area else it would have been minimal risk.
Targets: 281, 310, 428
SL 224
Risk-o-meter: Moderate
Messageme or comment to get faster updates
Targets: 281, 310, 428
SL 224
Risk-o-meter: Moderate
Messageme or comment to get faster updates
