4090 Technical Analysis: Bullish Setup in Play

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4090 Technical Analysis: Bullish Setup in PlayTaiba Investment CompanyTADAWUL_DLY:4090TradeWithParas4090 (Taiba Investment Company) Price bounced from strong weekly support, followed by a breakout from the downward trendline. A bullish divergence on RSI, along with a classic “Three White Soldiers” pattern, reinforces the bullish outlook. The first buy is positioned at CMP, with Buy 2 placed in case of a healthy dip to secure a stronger average. Risk is managed with a stop below weekly support at 35, while profit targets aim to capture the next leg of upside momentum. Recommended Levels: Buy 1: 38.64 (CMP) Buy 2: 37.00 Stop Loss: Closing below 35 Take Profit 1: 42.00 Take Profit 2: 45.40 Potential upside remains as long as weekly support holds. Happy trading!