ACI - Breaking out H&S bearish pattern
Head and Shoulder is a bearing pattern. ACI seems to be negating H&S pattern by breaking the trendline in chart & RSI in daily chart with volume. Trendline between head & right shoulder top yet to be broken. Closing above 690 (Right shoulder) would confirm that bearish pattern is negated
Note
Good Weekly closing. Negated bearish H&S patternNote
Archean chemical industries Q4 PAT fell by 57%Note
This stock has huge potential
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