Globus Spirits moving up to touch the resistance
Globus spirits has been in some down trend after it broke the support last September.
It is back at those levels and expecting it to touch the Green resistance line which earlier was the support for the chart.
Expecting levels of that resistance at 992 where it might resist and if it crosses the Blue line resistance and moves Up then the Green line Resistance will be faced at around 1088. Trend will change only after the green line resistance is crossed with huge volumes and decisively.
No recommendation, just my view based on chart pattern.
It is back at those levels and expecting it to touch the Green resistance line which earlier was the support for the chart.
Expecting levels of that resistance at 992 where it might resist and if it crosses the Blue line resistance and moves Up then the Green line Resistance will be faced at around 1088. Trend will change only after the green line resistance is crossed with huge volumes and decisively.
No recommendation, just my view based on chart pattern.
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