MARI stock breaking out of descending channel

MARI TECHNICAL ANALYSIS 5 MARCH
Posted by: Ahsan Tofique 3

MARI stock breaking out of descending channel

MARI stock is trading within a descending channel, facing resistance from the trendline.

A breakout above this level could push the price toward the 627.40 target. However, failure to sustain above may lead to a drop toward the 512 support zone.

A breakdown below 512 could accelerate losses toward the lower trendline. Confirmation is key.

⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →

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