Triangle Breakout - Weekly Chart
The Downtrend here is supported twice by breaking out of the triangle and closing below 200 EMA on a weekly basis.
The Stock has a support zone around 290 - 310 levels. The target would be the Support Zone - 1.
The Stock has a support zone around 290 - 310 levels. The target would be the Support Zone - 1.
Trade active
1st Target - 290/3102nd Target - 160/190
Trade closed: target reached
First Target Done
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.