Colgate Palm rectangle breakout Short Term Trade
Updated
Previously it had given a trendline breakout and since then there has been a bullish momentum in this stock
On 2 hrly chart , a rectangular consolidation was formed
and now there is a breakout with good volume
ATR is rising since the breakout
Target and SL are marked on the chart
On 2 hrly chart , a rectangular consolidation was formed
and now there is a breakout with good volume
ATR is rising since the breakout
Target and SL are marked on the chart
Trade closed: target reached
5-6 % profit reached
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.