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CuriousChartist

You don't have to be a SCHOLAR to see the pattern in DOLLAR Inds

Long
DOLLAR INDUSTRIES (NSE:DOLLAR)  
CuriousChartist Updated   
NSE:DOLLAR   DOLLAR INDUSTRIES
Trend Analysis Technical Indicators Chart Patterns educationalpost dollar priceactionanalysis lowriskhighreward cupandhandlepattern roundingbottom Fibonacci Retracement goldenratio channelbreak
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trendanalysis indicator chartpattern educationalpost dollar priceactionanalysis lowriskhighreward cupandhandlepattern roundingbottom fibonacciretracement goldenratio channelbreak
Standard Cup and handle Pattern on Weekly Chart.
Retracement from key dual supports.
Downside is almost arrested.
Low Risk High Reward.
Slow Mover. Momentum will pick up later as MACD is turning bullish too.



Comment:
Don't panic if invested. Markets are retracing. 360-380 is a strong support zone.
Comment:
360-380 indeed was the strong support. Rallied and made a Pole-Flag pattern in the form of a cup. Indications show further up move.
snapshot
Comment:
*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.

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