Keep an eye on this one as it's showing a lot of Relative Strength and Accumulation.
It recently broke into its stage 2 up trend and it's resisting the general market moves and showing signs of institutional demand.
Given the current market conditions, this may continue to range between 17.5 to 18.5.
We might see a flush of late buyers and might see a dip to the ~16.5/3 area.
It recently broke into its stage 2 up trend and it's resisting the general market moves and showing signs of institutional demand.
Given the current market conditions, this may continue to range between 17.5 to 18.5.
We might see a flush of late buyers and might see a dip to the ~16.5/3 area.