EXCELINDUS ------>MULTI-YEAR BREAKOUT !!!!
" EXCELINDUS " has given a strong breakout backed by a huge volume. We have got multiple confirmations.
1. Neckline of the H&S pattern has been breached.
2. Crossed 200 day moving average.
3. Breached the Multi year trend line.
4. Breakout with a huge volume.
5. Very good consolidation before breakout
All these above points have qualified this stock to give very good returns in coming weeks with good risk to reward ratio.
The amount of time it took for consolidation should be worth it !
1. Neckline of the H&S pattern has been breached.
2. Crossed 200 day moving average.
3. Breached the Multi year trend line.
4. Breakout with a huge volume.
5. Very good consolidation before breakout
All these above points have qualified this stock to give very good returns in coming weeks with good risk to reward ratio.
The amount of time it took for consolidation should be worth it !
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.