Time for some rally after a good conso

The stock technically is consolidating with lower rsi with lower volume seen. The upper and bottom levels of triangle should be respected level as resistance and support (SL) on closing basis for a breakout or SL as the case may be. Target is roughly calculated at 1959 by end of year possibly.

This is not a recommendation but merely for educational purpose. Any position one takes should be after self due diligence

Kommentera:

Stock is moved to ASM-4 last week. and hence volume is gone. SL to 1400 strict one. the stock might not move without fresh trigger anymore