#Artefact โ€“ 17Y Pattern in Play | Big Base Forming?

148
๐Ÿ”Ž #OnRadar

๐Ÿ“Œ #Artefact (Artefact Projects Ltd.)

CMP: 74.06

๐Ÿ“ˆ Technical Outlook (Yearly Chart):

Stock has been consolidating within a large #MotherBar formed in 2008, with a range of 255.25 โ€“ 21.05.

Currently displaying a classic #RoundingBottom formation on the yearly timeframe โ€” a long-term bullish pattern indicating accumulation.

๐ŸŽฏ Potential Upside Levels (Post Breakout):

Rounding Bottom Target: 255 (approx.)

MotherBar Breakout Targets (on closing basis above โ‚น255.25): 370 / 480+

๐Ÿ“Œ Note:
This is a technical observation and not a recommendation. Please consult your financial advisor before making any investment decisions.

#LongTerm | #TechnicalPatterns | #MotherBar | #RoundingBottom | #ChartAnalysis

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.