IOB

١٦ يوليو ٢٠٢٤

IOB is currently at descending trendline resistance which connects jan2008,nov2010,apr2011, and feb2024, however consolidated for the last 23 weeks in a range approx 59-71 above trendline support which connects jan2013/jun2014. can take 1st entry closing abv 71 on weekly and pyramid the position once it breaks the descending trendline around the 80 level and then around 90-95.