I have used the trend analysis of the upward trend and felt like it would reach 620 or it can have a resistance at 560 which might get it into a consolidation stage.
But its highly unlikely as they are releasing their Q3 results tomorrow which is why the stocks are continuously rising.
As, its a software company and because of the pandemic software will keep...
As its an uptrend, I have used the Trend line to draw an idea of the trend support and resistance as the normal support and resistance won't work in a satisfactory manner.
I used Bollinger Bands and RSI indicator suggesting that as it will go down to 50 and and hopefully come back
I hope it helps someone,
Disclaimer : All analysis are based on one person's...
