Excel industries...still have potential!?
Hello 👋
Today's stock which already given good returns..but still momentum looks positive.
It's "Excel Industries"
Company posted good results in the July quarter. Huge jump in net profit. Also revenue increased.
As per chart price action in uptrend.
Rsi in bullish territory both in weekly and monthly TF.
Since few weeks stock showing good volumes.
Stock can be touched it's previous ATH which has been made in 2018.
Also classical triangle pattern made in weekly+ it's a double bottom.
It's my view. Please DYOA. No buy or sell recommendation 🙏
Thank you.
Today's stock which already given good returns..but still momentum looks positive.
It's "Excel Industries"
Company posted good results in the July quarter. Huge jump in net profit. Also revenue increased.
As per chart price action in uptrend.
Rsi in bullish territory both in weekly and monthly TF.
Since few weeks stock showing good volumes.
Stock can be touched it's previous ATH which has been made in 2018.
Also classical triangle pattern made in weekly+ it's a double bottom.
It's my view. Please DYOA. No buy or sell recommendation 🙏
Thank you.
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