$FORM Chart Alert: Strong Rebound!
Current Price: $3.7519 (Rs1,063.06) - Up 9.80% today!
Key Observations:
* V-Shaped Recovery: FORM has shown an impressive rebound from a low of $3.2672, quickly pushing towards its 24-hour high of $3.8491.
* Bullish Crossover: The 7-period Moving Average (3.5886) has crossed significantly above the 25-period (3.4694) and 99-period (3.4126) MAs, indicating strong short-term bullish momentum.
* Volume Spike: The large green volume bar accompanying the recent surge confirms significant buying interest.
* Performance:
* Today: +0.29% (This appears to be a slight lag in the "Today" metric given the +9.80% prominently displayed, the latter likely reflects the current session's gain.)
* 7 Days: +5.21%
* 30 Days: +29.89%
* 90 Days: +75.65% (Strong long-term performance)
Outlook: FORM is currently exhibiting strong bullish momentum. While it has bounced impressively, watch for potential resistance near its 24-hour high. The overall trend looks positive.
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