ROYAL DUTCH SHELL WEEKLY TECHNICAL ANALYSIS – 16 MARCH 2022

ROYAL DUTCH SHELL WEEKLY TECHNICAL ANALYSIS – 16 MARCH 2022

ROYAL DUTCH SHELL Technical Analysis: Weekly Chart

In the weekly charts, ROYAL DUTCH SHELL is trading in an up channel.

It is trading above all SMA.

The immediate support is 21.27 & the resistance level is at 23.35.

ROYAL DUTCH SHELL is trading in the up channel until there is a trend reversal.

ROYAL DUTCH SHELL Technical Analysis: Daily Chart

In the daily charts, ROYAL DUTCH SHELL is trading in an up channel.

It is trading above all SMA.

The immediate support is 22.53 & the resistance level is 23.03.

ROYAL DUTCH SHELL is trading in the up channel until there is a trend reversal

How to Trade ROYAL DUTCH SHELL this Week:

ROYAL DUTCH SHELL will follow the uptrend until their trend reversal. So, remain bullish on ROYAL DUTCH SHELL

TRADE SUGGESTION- BUY AT 22.83, TAKE PROFIT AT 23.03 AND STOP LOSS AT 22.53

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