Timeframe: Weekly | Chart Scale: Logarithmic
Explosive +25.92% weekly surge backed by a huge 37.84M volume spike! 🔥
Technical Highlights:
⚠️ Major Test Ahead: Pushing directly into a massive long-term angular resistance (active since Oct 2010!).
✅ Volume: Historic volume surge confirming heavy buyer accumulation.
✅ Momentum: Daily & Monthly EMAs in positive crossover (Weekly soon). MACD & RSI rising. 🚀
Key Levels to Watch:
🎯 Target: 45 (Contingent on breaking the 2010 resistance)
🛡️ Support / Risk: 29
Keep a close eye on price action over the coming days to see if the stock can trigger the ultimate multi-year breakout! 📈
Are you tracking setups across the banking basket? Share your perspective below! 👇
Explosive +25.92% weekly surge backed by a huge 37.84M volume spike! 🔥
Technical Highlights:
⚠️ Major Test Ahead: Pushing directly into a massive long-term angular resistance (active since Oct 2010!).
✅ Volume: Historic volume surge confirming heavy buyer accumulation.
✅ Momentum: Daily & Monthly EMAs in positive crossover (Weekly soon). MACD & RSI rising. 🚀
Key Levels to Watch:
🎯 Target: 45 (Contingent on breaking the 2010 resistance)
🛡️ Support / Risk: 29
Keep a close eye on price action over the coming days to see if the stock can trigger the ultimate multi-year breakout! 📈
Are you tracking setups across the banking basket? Share your perspective below! 👇
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.