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ParamjitMahapatro

aptech looks bullish in medium term

Long
APTECH LTD (NSE:APTECHT)  
ParamjitMahapatro Updated   
NSE:APTECHT   APTECH LTD
Chart Patterns Trend Analysis breakout uptrend Bullish Patterns roundingbottom
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chartpattern trendanalysis breakout uptrend bullish roundingbottom
in weekly, aptech has a round bottom with high volume and closed above the neckline.

tgt1 - 440 tgt2 - 500 (pattern tgt).
Trade active:
in weekly, doji formed completely outside of bb. so it should touch upper bb before resuming its uptrend.
Trade active:
Price is consolidating now in a horizontal channel, also BB is squeezing, Breakout is expected after the squeeze.
snapshot
Comment:
channel consolidation broken, lower bb is moving downward.
snapshot
Comment:
indicating short term bearishness
Trade active:
it is gaining strength, closed at 328.25.
Trade active:
price broke out of overhead resistance with good volume, BB is expanding, it is gaining strength
snapshot
Trade active:
BB squeeze, then breakout with price closing above upper BB with high volume, BB is now trending up, sign of bullishness

snapshot
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