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m2gud

MAGMA, 1W, 40% gain possible (CUP & HANDLE)

Long
m2gud  
NSE:MAGMA   None
Support and Resistance Cup And Handle Bullish Patterns positional
6
7
supportandresistance cupandhandle bullish positional
Magma on Weekly forming Cup & Handle pattern.
Wait for clear Breakout,
40% gain possible.
Price is above all the exponential Moving avgs.
RSI is just above 72.
RISK:REWARD = 1:1.5+

All levels are marked on the chart.


All analyses are for educational purposes only.

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