The stock has been a major outperformer during the current market turmoil. It has witnessed a strong recovery in the last three weeks from the major support area of 
380-400 being the long term demand line support joining lows since May 2017 and is currently placed at the cusp of registering a fresh all time high above 525 signalling strength and offers fresh entry opportunity. Structurally, the stock has almost completely retraced its entire previous four weeks decline (525-386) in just three weeks. A faster retracement of the last major correcting segment signals strength and a robust price structure.
The material on this site is provided for information purpose only. This associated sites do not accept liability for your use of the materials provided.
380-400 being the long term demand line support joining lows since May 2017 and is currently placed at the cusp of registering a fresh all time high above 525 signalling strength and offers fresh entry opportunity. Structurally, the stock has almost completely retraced its entire previous four weeks decline (525-386) in just three weeks. A faster retracement of the last major correcting segment signals strength and a robust price structure.The material on this site is provided for information purpose only. This associated sites do not accept liability for your use of the materials provided.
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