Strong MACD, StocRSI parameters, and the recent pullback show that if the trend continues for the short term, we can see the Scrip hitting the two target levels. The Parabolic SAR has already given a BUY signal, with all parameters in tandem we can see the same happening.
More Over the Metals segment has taken a strong recovery, and more so on the backdrop of 1.3 Trillion Dollar Infrastructure Boost in US, we can see the global commodity prices pumped up.
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
More Over the Metals segment has taken a strong recovery, and more so on the backdrop of 1.3 Trillion Dollar Infrastructure Boost in US, we can see the global commodity prices pumped up.
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Trade closed: target reached:
The target has been hit. position closed.