The stock is trading at its support level, the security is trading above this zone from 22nd of June and from that time the stock has not been able to break this zone. This indicates that the support is strong, closing below this level can be an opportunity to go sell on the stock. Selling pressure can be seen in the security if it closes below the support.

RSI trading below 34 can be a good entry position to go short if the breakout is seen in the stock.

Advice : Sell if the security close below the support

CINTAS

Feb 21 2022