re: cabe - t/a request Here is the trendline resistance
Its an Andrews and Long term down trend resistance
wow its volatile I just thought it was showing a firm retrace down momentum having peaked and its turned again.
Looks like a 26+ close is a safe buy.then it should run up to the Andrews midline arrowed.
How was the announcement
often a sell sign this has kept running.
As it doesnt have any historic support around 25 its hard to pick a stoploss
the current 25.08 Vwap on 3.5mill looks like a 25 close should be Good.
likely it will accumulate a bit under 26 for a while
A (trendline) breakout from that should be strong![]()
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