jp power looks bullish in medium term to long term.

in longer time frame, it had a long down trend then it formed a horizontal channel in weekly, and price moving sideways for months, and recently it broke out of the channel with high volume, confirming the start of uptrend. It is having a U type recovery, and got a good probability to form a round bottom.

with a sl - 4 1st tgt - 12 2nd tgt - 25

Trade active:

today its 7% up closed at 8.35

Trade active:

after a prolonged downtrend, HnS pattern formed, breakout done with good volume.

Comment:

pattern sl - 3.8, tgt - 9.2