Avenue supermarkets possible breakout

Dec 6, 2023

Stock is braking out of triangle pattern which was formed since Nov, 21. Stock trading above 20-50-100-200 DMA. A major resistance @ 4200. If stock sustains above 4200. We could see higher levels of 4625 and 5150.

Please note this post is for educational purpose only.

Dec 13, 2023

Note

Stock did not crossed 4200. Hence levels not active. Hope u understand why the stock needs to confirm and sustain above the entry levels.