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/
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.
@RahulSarawagi
Connect us at optionlab.co.in/
Connect us at optionlab.co.in/
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.