HUL
HUL Trend Prediction!
I think it has respected this trend line. Faced resistance multiple times and gave a genuine breakout. Reached a height that's almost equal to its last swing's bottom and then made a retracement. Now, it's hanging right about the trend line and it most likely is going to use it as a support. If it doesn't, it could fall further. If not, then, it can touch new highs.
Note: The views are personal. Use your own analysis to make any decision or to arrive at any practical conclusion. This is strictly for educational purposes.
I think it has respected this trend line. Faced resistance multiple times and gave a genuine breakout. Reached a height that's almost equal to its last swing's bottom and then made a retracement. Now, it's hanging right about the trend line and it most likely is going to use it as a support. If it doesn't, it could fall further. If not, then, it can touch new highs.
Note: The views are personal. Use your own analysis to make any decision or to arrive at any practical conclusion. This is strictly for educational purposes.
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