This is a channel breakout strategy for APLAPOLLO TUBES. RSI has been giving bullish signals, which means a breakout and retest of 1624 will activate a buying entry for the targets mentioned above. The ultimate target as per the pattern is 2024 in the longer term.
Targets in between are the recent lower highs like 1728, 1800+
Stop is when the price after breakout enters the channel again.
Targets in between are the recent lower highs like 1728, 1800+
Stop is when the price after breakout enters the channel again.
Trade active
T1 doneNote
T2 done
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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.