Analysis:
1) Ascending triangle pattern has been formed.
2) The support and resistance lines have converged and the pattern is on the verge of breakout.
The stock looks bullish and upward move is expected once it breaches the resistance line on closing basis for the given time frame.
Disclaimer: These analysis are only for educational purposes. Plan your trade wisely.
1) Ascending triangle pattern has been formed.
2) The support and resistance lines have converged and the pattern is on the verge of breakout.
The stock looks bullish and upward move is expected once it breaches the resistance line on closing basis for the given time frame.
Disclaimer: These analysis are only for educational purposes. Plan your trade wisely.