Berger paints on a crucial support.

١٧ يناير ٢٠٢٣

Price is forming a falling wedge pattern and is on a support level. After the fall of 2020 price crossed 560 and then never closed below it on a month on month basis. Although it went below it 2 times it bounced and closed above 560. Also if we plot volume profile from Jan 2022 to Jan 2023, POC comes at 580. Hence it is an important time to study the stock and the business.