GTPL | Weekly Chart | Cup and Handle Pattern | 16 months BO
Chart analysis:
Pattern: Cup and Handle pattern is formed and currently after BO the consolidation is happening.
Breakout: C&H pattern is broke the 16 months High.
Volume: Volume build up is happening indicating the big player are continuously buying the share.
RSI: Bullish crossover happening indicating the BO of consolidation phase
Trade setup:
Waiting for BO
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Pattern: Cup and Handle pattern is formed and currently after BO the consolidation is happening.
Breakout: C&H pattern is broke the 16 months High.
Volume: Volume build up is happening indicating the big player are continuously buying the share.
RSI: Bullish crossover happening indicating the BO of consolidation phase
Trade setup:
Waiting for BO
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Comment:
GTPL is still in consolidation phase after BO. Waiting for consolidation BO to initiate the trade.