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Wilmington, Delaware, United States, Oct. 23, 2023 (GLOBE NEWSWIRE) Transparency Market Research Inc. - The global synthetic leather market is projected to flourish at a CAGR of 7.3% from 2022 to 2031. As per the
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Thus, projecting a target of 21,000 by December 2023 as it is price parity of the June-December 2022 rally (15,183-18,887) projected from March 2023 low of 16,828. "The seasonality pattern gels well with our price structure model and classical chart pattern projection of 20,700-21,000 in CY23. Meanwhile, strong support is placed at 18,700," the report said.
It is a 2-day candlestick pattern in which there is a long green candle on the next day within the range of the previous day but that closes below the midpoint of the previous day’s candlestick body.