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piyushrawtani

Escorts breaking key resistance / double bottom

Long
ESCORTS KUBOTA LTD (NSE:ESCORTS)  
piyushrawtani Updated   
NSE:ESCORTS   ESCORTS KUBOTA LTD
Trend Analysis Chart Patterns Double Top or Bottom ESCORTS
2
0
trendanalysis chartpattern doubletoporbottom escorts
Escorts broke a key resistance and double bottom neckline broken.
Good long opportunity .
Comment:
A classic textbook example of a bear trap happened yesterday when the stock went down and took all the stop loss below the support line creating a panic and then went back up. Today the stock is up again by 4%.
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