This is the 1-hour timeframe chart of TMPV.
After the channel breakout, the stock is forming a broadening wedge and is currently trading near resistance.
A confirmed breakout above this level ( 390 ) could trigger an upside move towards the 450 target. However, if the resistance holds, the stock may witness another corrective decline.
Major support is placed near the 335 level.
Thank You ..
After the channel breakout, the stock is forming a broadening wedge and is currently trading near resistance.
A confirmed breakout above this level ( 390 ) could trigger an upside move towards the 450 target. However, if the resistance holds, the stock may witness another corrective decline.
Major support is placed near the 335 level.
Thank You ..
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.