Topic Statement:
Coforge staged a sharp V-shaped recovery from the early 2025 market crash, rebounding off key support and approaching major resistance.
Key Points:
* The stock retraced to the 38.2% Fibonacci level at 1292 during the crash, where it found strong support
* A swift V-shaped recovery followed, with the price now facing stiff resistance at 2000, forming a double top
* Coforge generally trades above the 200-day EMA, making it a strong accumulation candidate when nearing that level
Coforge staged a sharp V-shaped recovery from the early 2025 market crash, rebounding off key support and approaching major resistance.
Key Points:
* The stock retraced to the 38.2% Fibonacci level at 1292 during the crash, where it found strong support
* A swift V-shaped recovery followed, with the price now facing stiff resistance at 2000, forming a double top
* Coforge generally trades above the 200-day EMA, making it a strong accumulation candidate when nearing that level
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.