Technical analysis by زامپانا about Stock توریل: Buy recommendation (1/1/2024)

زامپانا

Approximately 5 candles to pass the minimum correction time related to the rise of November. The price has touched the minimum necessary fibos and now it is supported by the flaty cloud of Como in time. Frame' target='_blank'>frame daily and weekly, the support of corrective fibo limits, the static support of price density and the support of the downward dynamic trend line (pullback to the trend line) took the price below and corrected the price below 530 I do not imagine If the market correction has not been completed, the rise from the beginning of November can be considered a 3-wave that is completing B and targets 1 and 2 are available, but if this exit from the descending channel is related to the new ascending wave May the goals be higher. All of this was conditional on the price not being missed at 530, so proper stop loss is a must according to personal strategy.