SPWL — Potential Base Formation After Deep Correction | Early Rebound Signs
CMP: 9.69 | Time Frame: Daily | Risk: Medium–High
Saif Power appears to be stabilizing after completing a prolonged bearish harmonic decline near the 8.0–8.5 demand zone, where price has started forming short-term higher lows. Recent recovery candles suggest early accumulation and a possible trend reversal attempt.
Sustained strength above 9.40–9.60 support band may trigger an upside move toward initial target near 10.70, followed by extended recovery toward 11.80–12.60 zone. A broader bullish continuation could eventually open room for higher structural targets near 15+.
However, failure to hold above 8.80 would weaken the recovery setup and may push the stock back toward major support near 7.00–7.20.
This analysis is for general informational purposes only and does not constitute investment advice.
CMP: 9.69 | Time Frame: Daily | Risk: Medium–High
Saif Power appears to be stabilizing after completing a prolonged bearish harmonic decline near the 8.0–8.5 demand zone, where price has started forming short-term higher lows. Recent recovery candles suggest early accumulation and a possible trend reversal attempt.
Sustained strength above 9.40–9.60 support band may trigger an upside move toward initial target near 10.70, followed by extended recovery toward 11.80–12.60 zone. A broader bullish continuation could eventually open room for higher structural targets near 15+.
However, failure to hold above 8.80 would weaken the recovery setup and may push the stock back toward major support near 7.00–7.20.
This analysis is for general informational purposes only and does not constitute investment advice.
TradeFlow Advisors
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TradeFlow Advisors
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。