This stock has formed a cup and handle pattern.
Currently it is facing resistance at 70.3 with support at 66.3.
One can long above 70.3 with SL at 63.5 for T1- 76 T2- 80 T3 - 84
if 84 is broken it may test 95 which is ultimate target of cup and handle.
Currently it is facing resistance at 70.3 with support at 66.3.
One can long above 70.3 with SL at 63.5 for T1- 76 T2- 80 T3 - 84
if 84 is broken it may test 95 which is ultimate target of cup and handle.
Trade closed: target reached
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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.