Technical analysis by bimdas about Symbol AKT: Buy recommendation (11/11/2023)

Akash is forming a bullish 'cup and handle' pattern Akash is doing a retest of the handle section of it's massive cup and handle pattern on the weekly. It's also coming out of the weekly oversold area on the STOCK RSI indicator. Akash also aligns with the AI narrative, it being a supplier of cloud based GPU services which will be in huge demand in machine learning and other AI based applications. All the signs point to a clear easy winner during this bull-run.