seekedgetrade

InterglobeAviation : potential breakout

Long
seekedgetrade Updated   
NSE:INDIGO   INTERGLOBE AVIATIO
#interglobeaviation potential breakout
pre pandemic resistance hit .watch out for a potential breakout.
also looks like an inverse head and shoulder pattern on weekly though not perfect looking.
bullish momentum and trend seen on all timeframes. Could plan long
if a green close appear above resistance with stop loss below it.
Comment:
>2% moved in a single day .tight stops if position taken until green close above resistance zone
Comment:
4% up move in 3 days from posted date
Comment:
moved nearly 19% from neckline.

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