CMP: 464.40
A large weekly cup-and-handle is taking shape, with a strong bullish candle signaling a breakout attempt.
🛡 Supports: 437 / 523 – 413 / 380 – 367
🚧 Resistances: 469 / 513 (ATH)
⚡️ Breakout Trigger: WCB above 469
🎯 Pattern Targets: 578 / 740+ (~26% & ~62% from CMP)
⛔ Negation: WCB below 340.90
#ManInds #CupAndHandle #ChartPattern #PriceAction #Breakout #LongTerm
📌 #Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
A large weekly cup-and-handle is taking shape, with a strong bullish candle signaling a breakout attempt.
🛡 Supports: 437 / 523 – 413 / 380 – 367
🚧 Resistances: 469 / 513 (ATH)
⚡️ Breakout Trigger: WCB above 469
🎯 Pattern Targets: 578 / 740+ (~26% & ~62% from CMP)
⛔ Negation: WCB below 340.90
#ManInds #CupAndHandle #ChartPattern #PriceAction #Breakout #LongTerm
📌 #Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
Disclaimer
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.
Disclaimer
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.