DEN NETWORKS - Parallel Channel & Trendline
Den Networks is poised for a breakout on crossing 54 from below with Volume. It'll breakout from the Downward Parallel Channel(since July '20) & the Trendline. Average Trading Volume has increased since the last week of March. Keep an eye on this one. BUY above 54, SL 47-48, Target(s) - 59, 65, 70, 75. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Note
Trade closed: target reached
59.80.Trade closed: target reached
65.30.
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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.