Bergerpaint : Fresh Colors & a Cup of Tea

Updated
Technical Analysis

Chart type: Daily
Chart Pattern : Cup and Handle
RSI: Above 50
Price: Above 20 & below 200 SMA

The chart pattern is a cup and handle, and the price is close to breaking out, which is a good sign. However, the price is currently below the 200-day moving average. This suggests that there is a possibility that the price may not move soon, but instead slowly move up.
Note
625 : Achieved !
Note
640 : Achieved !
Trade closed: target reached
652 : Achieved !
bergerpaintsChart PatternsHarmonic PatternsTrend Analysis

Also on:

Related publications

Disclaimer