GMDC was in a short-term downtrend which reversed into an uptrend by Mar 2025. Past few weeks it tried to BreakOut of the horizontal key resistance trendline as indicated. Last week the stock surged by 26.04% with huge volume and made a new ATH. What can we expect after the new ATH, I would expect some profit booking in the coming week.
If the momentum sustains then we may see the stock surge to 640 levels on the upside. On downside, we may see 374 levels. All depending on the coming week's price-action.
To be watched !!
If the momentum sustains then we may see the stock surge to 640 levels on the upside. On downside, we may see 374 levels. All depending on the coming week's price-action.
To be watched !!
Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
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Disclaimer: This analysis is my personal view & for educational purposes only. They shall not be construed as trade or investment advice. Before making any financial decision, it is imperative that you consult with a qualified financial professional.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.