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Июль
2024

Stock Radar: Multibagger in a year! This lubricant stock forms Rounding Bottom formation; what should investors do?

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Tide Water Oil (India) Ltd. stock surged 123% over a year, breaking out from a Rounding Bottom pattern on weekly charts. Analyst set a target price of Rs 2,800 with a stop loss at Rs 1,800. The stock is above 21, 50, 100 WEMA, tracked by RSI above 70, and daily MACD.