Current price: 11.98
Key point: 11.20
Our preferred direction: buy positions at the highest level of 11.20, targeting 12.80 as the first target, then 13.15 as the second target.
Alternative scenario: Stop loss and change the trend by breaking 11.20, targeting 10.50
Technical commentary
The Industrialization stock with code number 2060 is moving in a downward direction on the daily frame from the peak of last June, until it rose from the support levels 10.80-11.15 and from the harmonic bat pattern, penetrating the downward trend line and moving in a downward channel that serves as a flag pattern.
If it breaks higher, it is expected that the stock will rise to levels of 12.80-13.15
