Analysis:
This chart indicates a potential triple bottom pattern, which is a bullish reversal pattern. This pattern typically forms after a downtrend and suggests that the stock may reverse its trend upwards.
Support: The triple bottom is forming around the 17880 level, indicating strong support at this price.
Resistance: The immediate resistance level is around 1,879.95, with a stronger resistance at 2,000.00.
The formation of a triple bottom is a positive sign, but confirmation at resistance through a breakout with high volume is crucial before taking a buy position. Monitor the price action around the resistance levels and moving averages for additional confirmation signals.
This chart indicates a potential triple bottom pattern, which is a bullish reversal pattern. This pattern typically forms after a downtrend and suggests that the stock may reverse its trend upwards.
Support: The triple bottom is forming around the 17880 level, indicating strong support at this price.
Resistance: The immediate resistance level is around 1,879.95, with a stronger resistance at 2,000.00.
The formation of a triple bottom is a positive sign, but confirmation at resistance through a breakout with high volume is crucial before taking a buy position. Monitor the price action around the resistance levels and moving averages for additional confirmation signals.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.