CARBORUNDUM - Ready for Breakout
Formed a perfect Cup and Handle. Handle also formed an inside bar since the last 6-7 trading sessions & already attempted to break the resistance with a volume spike.
Inside bar near ATH may provide a huge upside.
Stock is trading above 20 & 50 DMA which helps to gain bullish momentum.
Inside bar near ATH may provide a huge upside.
Stock is trading above 20 & 50 DMA which helps to gain bullish momentum.
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.