HomeFirst - Cup & Handle Breakout

Updated
HomeFirst has given a break out out of cup & handle pattern. We can expect price to move towards 1400. Other factors:

1. See last week's volume, a breakout with high volume shows bullishness.
2. RSI is above 60
3. MACD is positive

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Our target hit on 23 Sep'24. 40% returns in 3 months. Cheers!!
Trade closed: target reached
Note
HomeFirst retraced after reaching our target. Now holding on to support level where it started, fundamentally great Q2 results. It can again be picked at this level. Cheers!!!
Chart PatternsCup And Handle

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