Glenmark forming a Rising Wedge Pattern- Stay Invested or Exit
Glenmark forming a Rising Wedge Pattern- Stay Invested or Exit.
A Pattern within a Pattern. A long Term Rising Wedge Pattern and a triangle pattern within it.
To go long it has to break the triangle pattern first and the 52 week high at 658.20 and the trend line. The RSI is also falling.
Iam in a dilemma whether to exit now or to wait for my Target at 705.90.
A Pattern within a Pattern. A long Term Rising Wedge Pattern and a triangle pattern within it.
To go long it has to break the triangle pattern first and the 52 week high at 658.20 and the trend line. The RSI is also falling.
Iam in a dilemma whether to exit now or to wait for my Target at 705.90.
Trade active:
Still in the game. Has just broken out of the wefge on the upper side.
