This stock has consistently found support around the 2500 level on multiple occasions. Currently, it appears poised for an upward move.
If it opens lower, the likelihood of a continued downward trend is relatively low. Even if the price were to break below the support, it may not be a signal to initiate a short position. The probability of an upward move remains favorable.
Consider maintaining a long position in anticipation of potential upside
If it opens lower, the likelihood of a continued downward trend is relatively low. Even if the price were to break below the support, it may not be a signal to initiate a short position. The probability of an upward move remains favorable.
Consider maintaining a long position in anticipation of potential upside
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
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