The stock is consolidating along a trendline where it has found support multiple times. It's currently trading at a demand zone (above 50%), indicating active buyer participation.
For an upward movement, the stock will likely hunt stop losses by briefly dipping into the next demand zone, which coincides with the 61.8% Fibonacci retracement level.
The optimal buying range appears to be between 120-124.
For an upward movement, the stock will likely hunt stop losses by briefly dipping into the next demand zone, which coincides with the 61.8% Fibonacci retracement level.
The optimal buying range appears to be between 120-124.
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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.