Firstsource looks to be cranked up for ATH levels!
Uncertainty in global economy is causing a slowdown in overall IT industry.
However, FSL is looking all good for a strong reversal.
The volume at 50% Fib retracement support is an indicator of the same.
Q4 Revenue & EBITDA posted by company is at record high.
Stock can be one of the earliest stock to reach ATH if IT sector starts to recover. Don't miss to keep this in your watchlist.
The risk is around 15% and reward is more than 50%.
This is not a recommendation and is strictly for educational purposes
However, FSL is looking all good for a strong reversal.
The volume at 50% Fib retracement support is an indicator of the same.
Q4 Revenue & EBITDA posted by company is at record high.
Stock can be one of the earliest stock to reach ATH if IT sector starts to recover. Don't miss to keep this in your watchlist.
The risk is around 15% and reward is more than 50%.
This is not a recommendation and is strictly for educational purposes
Trade active
Good retracement seen.
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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.
Related publications
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.