Federal Bank - Ascending Triangle bullish breakout

Note: This is for educational purpose only.

There is an ascending triangle bullish breakout with high volume. RSI is above 70 which indicates bullish momentum but there is a possibility of consolidation/ side ways movement to RSI to cool off before the next up-move. The breach of previous swing low will act as Stop loss level.
Chart PatternsfederalbankFEDERALBNKTechnical IndicatorsTrend Analysis

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