ABDL (Daily Timeframe) - Can it continue the uptrend ??

52
ABDL is in a confirmed uptrend, having rallied over 90% since its April 2025 lows. The stock is now consolidating within a bullish triangle pattern, which typically signals a continuation of the prior trend.

This bullish outlook is supported by several key factors:
  • Today's significant price surge was accompanied by a massive spike in volume, confirming strong buyer interest and a potential breakout.
  • The short-term Exponential Moving Averages (EMAs) are in a Positive Crossover (PCO) state, indicating strong underlying momentum.


If the breakout from the triangle is sustained, the next potential price target is the ₹614 level.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.