After giving the closing above the 200 moving average
On 28th April 2025, the stock price of
GRSE
11.9%
From 29th April 2025, the stock price started consolidating and
On 9th May 2025, it took support from the 20 moving average, and after closing, it was about the important resistance level of 2420
A rapid rise in stock price has seen
Today, the stock price is trading above an important resistance level of 2620
Bullish until the stock price is trading above the level of 2620
As the level 2620 will act as an important support level now
As the support and resistance levels are interchangeable once broken
RSI is at 81, which indicates that the stock price is trading in the overbought zone
The investor should keep their stop loss at the level of 2620