ITC's ascending triangle pattern suggests that the stock is building up bullish momentum, with a breakout likely to trigger a strong upward move. Traders should monitor the stock closely for a breakout above the resistance level, as this would confirm the pattern and potentially lead to a significant rally. Patience is key as the price approaches this critical juncture.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.