Gopal_gg

Head & Shoulder neckline support broken

NSE:GRANULES   GRANULES INDIA
In a downward move stock has broken Head & Shoulder neckline support. However has taken support of long term trendline and Fibo 0.236 levels. Watch out for breakout.

Comments

not gonna happen...
Reply
Gopal_gg akrock861
@akrock861, True. in H&S pattern, it is always subject to breakout of the neckline support / resistance and consistent trading below /above the level. In this case, it opened up another opportunity.
Reply