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MTAR Looking for a breakout in Pennant chart pattern
MTAR TECHNOLOGIES LTD
Long
MTAR Looking for a breakout in Pennant chart pattern
By hemenk0000
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Updated
Mar 19, 2023
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Feb 17, 2023
Pennant chart pattern observed in MTAR Tech stock.
Breakout levels: Above 1780 - Target around 100 points.
Breakdown Level: Below 1700 - Target around 100 points.
Quarterly results were good so breakout probability is high.
MTARTECH
Feb 17, 2023
Note
Do your own analysis.
Feb 20, 2023
Note
Chart is still strong though it was a red day.
Mar 19, 2023
Trade closed: target reached
Target met on breakdown.
Chart Patterns
mtar
Trend Analysis
hemenk0000
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