Alkem Labs - Cup & Handle Breakout!!!
Updated
Happy Diwali to all !!!!!
Alkem Labs has broken the neck from a cup &handle pattern. On daily basis it has shown 2 green candles post the neck breakout. We can expect a rise in price up to 30-35%. Other parameters:
1. RSI is above 60
2. MACD is making green histograms
3. Volume looks good
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!
Alkem Labs has broken the neck from a cup &handle pattern. On daily basis it has shown 2 green candles post the neck breakout. We can expect a rise in price up to 30-35%. Other parameters:
1. RSI is above 60
2. MACD is making green histograms
3. Volume looks good
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!
Trade active
from 4086 reached 4538..11% move..moving towards our targetTrade active
From 4086 reached 4650...Trade active
Another 100 points jumpTrade active
Our price reached to 5200..from 4086 to 5200 - 27% jump. Cheers!!!Trade active
After touching our target of 5300...the stock has restraced...on further confirmations, we can see the upward movement again...keep a tab
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