AVONMORE CAP&MGT SERV LTD
Long
Updated

Avonmore Capital Mgmt

330
This has broken out of a box range pattern, signaling a potential trend reversal. Concurrently, it has formed an ascending channel, characterized by higher highs and higher lows. This bullish formation suggests the stock is likely to continue its upward trajectory, offering a promising trading opportunity.
Trade closed: target reached
Price action is a product of demand and supply and law of demand and supply seldom fails. With huge operators nowadays, shakeouts are common to eliminate the weak hands but eventually the price has to follow the demand.

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