GNFC - Bullish Breakout
Updated
The stock has broken out of the pattern with high volumes.
It is likely to stay bullish if it sustains over 380.
Should the trend continue, the targets are 420 and 480.
Stop loss levels can be kept basis your risk profile (use fibonacci retracement levels given in the chart for reference).
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It is likely to stay bullish if it sustains over 380.
Should the trend continue, the targets are 420 and 480.
Stop loss levels can be kept basis your risk profile (use fibonacci retracement levels given in the chart for reference).
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you liked the idea.
Trade closed: target reached
Target 1 reachedTrade closed: target reached
Target 2 reached on Oct 5
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