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COMPUAGE – TECHNCIAL CHART STUDY

COMPUAGE_1

buy COMPUAGE above 94 on closing basis, sl 75 target 125-155-225

technical chart study

as per the long term chart we can see that stock has done consolidation for almost 2 years and now moving above its 2 years high level.

now its moving into rising channel on chart, and it also seems to be a rounding bottom on chart now, even rsi given a signal of “BULLISH NEGATIVE DIVERGENCE”  now.

so once stock able to close above desire level then we can expect a good up move in this stock.

 

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