Weekly Technical chart –
After hitting all the previous targets with huge volumes, formed a flag and pole pattern. Likely to hit 2200-2500 price very soon.
Right after touching 30 EMA last week, hammer candlestick on weekly closing was formed along with RSI also hitting 50. Today’s price closed on positive (2.4%) with good volume.
The reversal has probably started from here on.
Disc – invested and biased
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