bullish pullback opportunity towards the 200-day moving average. Several strong indicators support this potential upward movement:
RSI Value Near 50: The Relative Strength Index (RSI) is hovering close to the neutral 50 level, suggesting a balanced market sentiment and potential for upward momentum.
Support Holding at 48.5 Level: The stock has...
Show some good signs:
1- Bullish H&S
2- Retest VAWAP
If price continue up move
target will be:
TP1: 52 level
TP2: Daily 200 MA
TP3: Weekly 200 MA (pink line)
The Halwani brothers has broken out the pattern but only confirmed by the closing day. If successfully closes above after the bids ended today, we can confirm it’s bullish move.
