NRB Bearing: Classic Example of resistance and support

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The previous resistance has turned into support after forming a cup and handle pattern.

Stock has come out of the consolidation zone with a good volume and is now trying to make a new high.

Levels are mentioned on the chart. Lets see if we can witness the power of support and resistance here.

Disclaimer: For educational purposes only.
Trade geschlossen: Ziel wurde erreicht
Cup And HandleNRBBEARINGSupply and DemandSupport and Resistance

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