Widening Channel of Support and Resistance Trend Lines
Swings in Price movement of the stock kept on increasing along with the time adding Volatility in its Price Action.
However, it has been its Trend's Support and Resistance lines.
Expecting it to consolidate around its first support levels before making its next move.
Stock has its first support around 4500-4700 levels >> Followed by next support level of 4000 >>> 3000 as major support level.
Disclaimer: View for Educational purpose only
However, it has been its Trend's Support and Resistance lines.
Expecting it to consolidate around its first support levels before making its next move.
Stock has its first support around 4500-4700 levels >> Followed by next support level of 4000 >>> 3000 as major support level.
Disclaimer: View for Educational purpose only
