Some signs of bottoming in Mahindra Logistics!
Mahindra logistics is a stock which is showing strong technical signals of a bottoming with a major breakout of a range.
The level of 450 has proved strong resistance in past. Stock has broken it with volumes recently and is now retesting the breakout zone.
RSI positive divergence is clearly visible in chart. Levels mentioned in chart are crucial.
If stock sustains above 450 for couple of weeks, it will be clear signs of bottoming.
This stock is a clear avoid for me as the company does not have strong fundamentals as of today. Any investor who is stuck in the stock from higher levels can think of averaging.
The level of 450 has proved strong resistance in past. Stock has broken it with volumes recently and is now retesting the breakout zone.
RSI positive divergence is clearly visible in chart. Levels mentioned in chart are crucial.
If stock sustains above 450 for couple of weeks, it will be clear signs of bottoming.
This stock is a clear avoid for me as the company does not have strong fundamentals as of today. Any investor who is stuck in the stock from higher levels can think of averaging.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。