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  • Deepak

PreCam - Breakout from range

Weekly Chart - Breakout is seen in PreCam after a big weekly consolidation. Support at 38 for the stock. Next resistance for stock in range of 67-71

AVWAP analysis on stock from all time high and lows.

Stock has AVWAP from ATH at 57, a cross of which is seen as positive, stock is holding on the AVWAP from all time low and is currently at level of 37.75 matching with the support reference on weekly charts.

Disclaimer - Educational post only, consult with your financial advisor before taking a position.

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