GOCOLORS is getting ready and has been testing the resistance level.
- It is consistently trading above the 20 EMA. Recent high-volume candles suggest clear institutional participation. Although volume is currently drying up, the price is sustaining — a positive sign.
- The stock reversed after touching the 0.5 Fibonacci retracement level, indicating strength.
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- It is consistently trading above the 20 EMA. Recent high-volume candles suggest clear institutional participation. Although volume is currently drying up, the price is sustaining — a positive sign.
- The stock reversed after touching the 0.5 Fibonacci retracement level, indicating strength.
✅ If you like my analysis, please follow me as a token of appreciation :)
in.tradingview.com/u/SatpalS/
📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
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